Jordanian private sector owns 93.3% of total bank deposits

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Home Business Jordanian private sector owns 93.3% of total bank deposits 02-09-2021 12:38 PM Ammon News - The Jordanian private sector owns 93.3 percent of the overall bank deposits valued at JOD37.9 billion during the first 7 months of 2021, according to the central bank. The Central Bank of Jordan (CBJ) indicated in an initial report the bank deposits registered a JOD1.125 billion increase, 3.1 percent since the end of 2020. The bank deposits, however, witnessed a .4 percent drop, JOD147 million in the same period 2020. It highlighted the credit facilities given to businesses by banks amounted to JOD29.8 billion in the first 7 months of 2021, constituting a JOD1.144 billion increase as opposed to the reporting period of 2020. The increase in credit facilities came as a result of increasing facilities by up to JOD439 million for the construction sector, JOD412 million for individuals and JOD352 million for the service sector.

Home Business

Jordanian private sector owns 93.3% of total bank deposits

02-09-2021 12:38 PM

Ammon News - The Jordanian private sector owns 93.3 percent of the overall bank deposits valued at JOD37.9 billion during the first 7 months of 2021, according to the central bank.

The Central Bank of Jordan (CBJ) indicated in an initial report the bank deposits registered a JOD1.125 billion increase, 3.1 percent since the end of 2020. The bank deposits, however, witnessed a .4 percent drop, JOD147 million in the same period 2020.

It highlighted the credit facilities given to businesses by banks amounted to JOD29.8 billion in the first 7 months of 2021, constituting a JOD1.144 billion increase as opposed to the reporting period of 2020.

The increase in credit facilities came as a result of increasing facilities by up to JOD439 million for the construction sector, JOD412 million for individuals and JOD352 million for the service sector.

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