Regulatory Alerts2022-03-23
Added · Updated
Central Bank of Jordan Instructions on Large Exposures Limits and Credit Granting Controls No. 2/2019
The Central Bank of Jordan issued Instructions No. 2/2019, effective June 30, 2019, establishing large exposure limits and credit granting controls for all banks operating in the Kingdom. The regulations cap total exposure to a single person or connected group at 25% of the bank's capital base, restrict exposure to main shareholders at 10%, and limit real estate credit to 20% of total client deposits. Additionally, the document sets specific limits for overdrafts, related counterparties, and the largest ten clients, while repealing previous credit concentration instructions.
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