Regulatory Alerts2026-07-14
Added · Updated
Instructions on Acquiring Significant Interest
The Central Bank of Jordan mandates that any person or group seeking to acquire or increase a significant interest in a Jordanian bank must obtain prior written approval. This requirement applies to direct acquisitions, transfers resulting in a change of Ultimate Beneficial Owner, and specific events such as inheritance or enforcement actions. Approvals are valid for one year, after which they become void if the acquisition is not completed. The document also imposes reporting obligations on banks regarding mortgaged or attached shares held by significant interest holders.