Central Bank of Jordan confirms the strength of monetary conditions in Jordan

MEDIA IN \ Agencies 07 -01-2019
The Central Bank of Jordan (CBJ) confirmed the strong monetary conditions in Jordan, with the balance of the Bank’s total reserves exceeding US $ 13.4 billion.
“The Jordanian banking system is sound and robust and able to withstand the high shocks and risks as banks in Jordan enjoy high levels of capital, the highest in the Middle East,” said Dr. Ziad Fariz, Governor of the Central Bank of Jordan.
He continued in a press statement: The banking system was able to maintain the integrity and stability of financial and administrative conditions in spite of global financial and economic crises, and the conditions of instability in the region, and the accompanying risks and challenges and decline in economic growth rates in Jordan.