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18 April 2024

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Jordanian private sector owns 93.3% of total bank deposits

02-09-2021 12:38 PM

Central Bank of Jordan

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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