2024-07-01

Added · Updated

Amended Circular on Instructions No. (13-2018) and Instructions No. (6-2020)

The Central Bank amends Instructions No. (13/2018) and No. (6/2020) to align with the Credit Exposure Classification and Impairment Provisions Instructions No. (8/2024), effective 1/1/2025. Licensed banks must reduce the portfolio measurement threshold from 250,000 to 150,000 dinars and adopt a 30-day past-due period for significant credit risk indicators. The amendments also remove the requirement to apply the more stringent results of previous instructions and mandate harmonization of stage classifications with the new 2024 provisions.

Central Bank of Jordan logo

Jordan

Central Bank of Jordan

Click to view full text