Jordan is the Sixth Arab in the "List of International Banks"

  • Amman, Hashemite Kingdom of Jordan
  • 26 August 2022
1

Jordan ranked sixth in terms of the number of banks, with 4 Jordanian banks entering the list of the 1000 largest banks in the world. They are, in order: Arab Bank, Housing Bank for Trade and Finance, Union Bank, Bank of Jordan. According to an analytical study issued by the General Secretariat of the Union of Arab Banks, the total core capital of these banks amounted to about 9.2 billion dollars, and they manage assets estimated at 88.1 billion dollars. The financial statements available to Arab banks for the end of the year 2021 show that 72 Arab banks entered the mentioned list. The total core capital of these banks amounted to about $374.9 billion, while their assets amounted to about $3.4 trillion. The United Arab Emirates recorded the largest number of Arab banks that entered the aforementioned list, with 14 banks, followed by Saudi Arabia (10 banks), Bahrain and Qatar (8 banks each), Egypt and Kuwait (7 banks each), the Sultanate of Oman and Morocco (5 banks). each), Jordan (4 banks), and finally Tunisia and Lebanon (two banks each).

Source (Al-Dustour Jordanian Newspaper, Edited)