Circular to Branches of Foreign Banks Regarding the Conversion of Capital Increase Amounts — CBJ — JO

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

[Logo of the Central Bank of Jordan]

Number: 10871/2/10
Date: 2/10/1432 AH
Corresponding to: 1/9/2011 AD

Circular to Branches of Foreign Banks Operating in the Kingdom

With reference to the Minimum Capital Instructions for Licensed Banks No. (52/2010) dated 16/12/2010, and in accordance with the new requirements of the Companies Control Department, which necessitate that the Central Bank of Jordan provide them with confirmation of the conversion of capital increase amounts in cases where capital is raised through transfers from head offices abroad, please proceed to provide us with such confirmation via a certificate signed by the bank's regional manager and attested by the bank's external auditor, accompanied by supporting documents for the conversion process.

Please accept our highest regards,

Governor
"Mohammed Saeed" Shahin

P.O. Box: 37 Amman 11118 Jordan • Phone: 4630301 • Fax: 4638889, 4639730, 4639731 • E-mail: info@cbj.gov.jo • Website: www.cbj.gov.jo Form (1/1/10)

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Issued under

Instructions for the Minimum Capital of Licensed Banks No. 52/20102010 · CBJ
“With reference to the Minimum Capital Instructions for Licensed Banks No. (52/2010) dated 16/12/2010”