Regulatory Alerts2020-05-18
Added · Updated
Circular on Disclosure of Costs and Interest for Installment Deferrals
The Central Bank of Jordan requires all banks operating in the Kingdom to clearly announce all costs and interest collected from retail customers resulting from the deferral of monthly installments for May 2020 and any other month in 2020. This directive mandates transparent disclosure of financial charges associated with installment deferrals for the specified period.
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