Central bank revokes license of bank

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Home Business Central bank revokes license of bank 02-10-2022 11:17 AM Ammon News - The Central Bank of Jordan announced the decision of its board directors to cancel the license granted to Societe Generale Bank of Jordan, for its merger with the Jordan Money Bank. The decision was considered effective as of the end of September 29, 2022, based on the provisions of Article (12/g) of Central Bank Law No. (23) of 1971 and its amendments, and the provisions of Article (18/f) of Banking Law No. (28) of 2000 and its modifications.

Home Business

Central bank revokes license of bank

02-10-2022 11:17 AM

Ammon News - The Central Bank of Jordan announced the decision of its board directors to cancel the license granted to Societe Generale Bank of Jordan, for its merger with the Jordan Money Bank.

The decision was considered effective as of the end of September 29, 2022, based on the provisions of Article (12/g) of Central Bank Law No. (23) of 1971 and its amendments, and the provisions of Article (18/f) of Banking Law No. (28) of 2000 and its modifications.

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