Regulatory Alerts2021-01-20
Added · Updated
Circular on Distribution of Dividends to Shareholders for 2021
The Central Bank of Jordan permits licensed banks in the Kingdom to distribute cash dividends to shareholders up to 12% of paid-up capital, provided the banks achieved profits for 2020 and the distribution does not violate regulatory capital adequacy or legal liquidity ratio requirements. This distribution remains subject to the bank's board of directors' decision and the Central Bank's approval of the audited final financial statements.
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