Circular No. 10/2/5013 Regarding the Employment of Non-Jordanian Staff in Licensed Banks

In the name of Allah, the Most Gracious, the Most Merciful

[Logo of the Central Bank of Jordan]

Number: 10 / 2 / 5013 Date: 20 / 8 / 1444 AH Corresponding to: 13 / 3 / 2023 AD

Circular to Licensed Banks in the Kingdom

Greetings,

Attached is the letter from His Excellency the Minister of Industry, Commerce and Supply and the Minister of Labor, No. (Expatriate Labor/4883/1), dated 2023/3/6, regarding the employment of any non-Jordanian employee.

Please adhere to the content of the aforementioned letter as well as the applicable legislation, including our Circular No. (3435/2/10) dated 2006/4/3.

Please accept the assurances of highest respect,

[Signature] Governor Dr. Adel Al-Sharkas

• Attached

P.O. Box 37 • Amman 11118 Jordan • Phone 4630301 • Fax 4638889 • Website: www.cbj.gov.jo • Email: info@cbj.gov.jo Form (17-17) 1/1

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[Logo of the Ministry of Labor]

Ministry of Labor

Number: Expatriate Labor/4883/1 Date: 13 Sha'ban 1444 AH Corresponding to: 2023/03/06

To His Excellency the Governor of the Central Bank of Jordan

Greetings,

Based on the provisions of Article (12) paragraph (a) of the Jordanian Labor Law, which states: "No non-Jordanian worker shall be employed except with the approval of the Minister or his delegate, provided that the work requires expertise and competence not available among Jordanian workers or the available number of them does not meet the need, and the Minister may issue any instructions he deems necessary to regulate the employment and recruitment of non-Jordanians for the purposes of this Article."

We request your Excellency to instruct the relevant parties to circulate to all banking institutions that no non-Jordanian employee may be employed in the banking sector without obtaining a specialized work permit from the Ministry of Labor.

Please note that the Ministry provides all facilitations for Jordanian banking sector employees to obtain the necessary work permits for specialized skills required in the banking sector.

Please accept the assurances of highest respect,

Yousef Mahmoud Al-Shamali Minister of Industry, Commerce and Supply and Minister of Labor

[Ministry of Labor Stamp]

Copy: The Secretary General Copy: Assistant Secretary General for Operations Copy: Director of the Expatriate Labor Directorate

Hashemite Kingdom of Jordan Phone: +962 6 5802666 Fax: +962 6 5855072 P.O. Box: 8160 Amman 11121 Jordan - Website: www.mol.gov.jo