Regulatory Alerts2020-04-15
Added · Updated
Central Bank of Jordan Circular on COVID-19 Measures
The Central Bank of Jordan requires licensed financial institutions to enhance risk assessment frameworks by reviewing credit portfolios and identifying pandemic-related exposures. Institutions must implement business continuity plans to ensure the continuity of essential services and submit regular updates on the pandemic's impact. Additionally, banks are directed to provide relief measures to affected borrowers, such as loan restructuring or payment deferrals, in accordance with regulatory guidelines.
Topics
Share