imported 2024-03-17 17:43:07
When Abdullah I was assassinated·in 1951, he was succeeded on the throne by King Hussein. Hussein was a charismatic and farsighted king who was popular with both Western and other Arab governments, as well as with the Jordanian public.
Despite the minor drop in ratings, the Banking sector in Jordan is healthy and enjoys an increasingly sound operating environment. The top players are Arab Bank, Housing Bank for Trade and Finance and Jordan Islamic Bank.
Jordan Kuwait Bank, one of Jordan top 5 banks, assesses the situation in the Jordan banking sector and comments on its performance during 2010.
ABC Bank (Jordan) is a universal bank that offers a wide range of corporate, retail and investment services. ABC started its operations in Jordan in January 1990 through its subsidiary Arab Banking Corporation Bank (Jordan) or ABC Bank (Jordan).
The banking sector in Jordan is very strong and successful.
The banks in Jordan have sustained profitability since 2009, and I believe they will continue to do so this year.
We have 3,000 accounts monthly, and our customers are staying with us. We are the fastest growing bank in Jordan.
We are in a better situation than other banks. Our liquidity ratio is around 130%.
Standard & Poor’s Corp. cut Jordan’s long-term local currency sovereign ratings to BBB- from BBB.
The banking sector in Lebanon is one of the strongest in the region, based on solid fundamentals namely high liquidity, strict and stringent regulation by the central bank and strong policies that have been evolving in line with market needs and trends. The sector represents the backbone of the Lebanese economy Mohammed Hariri , president and CEO of BankMed
