Regulatory Alerts2022-04-30
Added · Updated
Instructions for the Minimum Capital of Licensed Banks No. 52/2010
The Central Bank of Jordan increases the minimum capital requirement to 100 million Jordanian dinars for local banks and 50 million Jordanian dinars for foreign bank branches. Banks with capital below these thresholds must submit a capital increase mechanism to the Central Bank by the end of the first quarter of 2011 and fully meet the new minimums by the end of 2011. These instructions entered into force on 16 December 2010.
Topics
Share