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18 April 2024

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Total deposits in Jordanian banks reach JD47.3 billion

30-04-2025 11:19 AM


Ammon News - The Kingdom's financial ecosystem demonstrated significant liquidity depth and transactional robustness through February 2025, with key performance indicators reflecting sustained momentum across banking operations and capital markets, according to the Economic Modernization Vision quarterly performance metrics.

Aggregate banking deposits appreciated to JD 47.31 billion by February's close, while domestic liquidity reserves maintained a robust position at JD 45.88 billion. The credit portfolio expansion remained bullish with total facilities extended by financial institutions reaching JD 35.20 billion, signaling positive credit appetite in the market.

Digital payment infrastructure exhibited exponential transaction velocity, with the "CliQ" instant settlement platform recording 51.92 million transactions representing JD 5.61 billion in processed value.

User acquisition metrics for the platform reached 3.56 million registered accounts. Concurrently, the "eFAWATEERcom" electronic invoicing ecosystem facilitated 17.09 million transaction events with an aggregate value of JD 3.67 billion.

In the equities space, the Amman Stock Exchange (ASE) demonstrated substantial foreign investor participation, with non-Jordanian stakeholders accounting for 47.6% of total market capitalization. The exchange maintains 161 listed entities with cumulative market valuation of JD 19.32 billion. Trading turnover reached JD 365 million across 125,151 executed contracts, with share volume totaling approximately 195.91 million units.

On the regulatory front, authorities have advanced draft provisions for securities lending and borrowing mechanisms, short position protocols, and market-making frameworks, contingent upon ratification of the amended Financial Services Licensing regime. Technical infrastructure upgrades have been implemented for the electronic trading architecture, enhancing system capacity and execution capabilities.

The insurance sector has progressed toward enhanced prudential oversight with preliminary regulatory frameworks for the Consumer Protection Fund and implementation of phase two risk-based supervisory protocols for underwriters.

Under the Financial Inclusion Strategy 2023-2028, regulatory authorities have executed targeted initiatives to enhance female demographic penetration in financial services access, while capacity building efforts in the non-banking financial sector have delivered 118 professional development modules to 1,794 industry practitioners. Petra




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