Regulatory Alerts2021-07-08
Added · Updated
Summary of Equivalence Index Values for Determining Systemically Important Banks in Jordan for 2020
The Central Bank of Jordan publishes specific equivalence index values for 2020 to enable licensed banks to calculate their systemic importance at the local level. The document provides quantitative data for sub-indicators across Size, Interconnectedness, and Complexity, including total assets, off-balance sheet liabilities, and transaction volumes in the National Payments System. These figures, presented in thousands of Dinars, are derived from consolidated financial statements and Central Bank data to support the determination of systemically important banks.
Summary of Equivalence Index Values Used to Determine Systemically Important Banks at the Local Level for the Purpose of Enabling Banks to Calculate Their Systemic Importance for 2020
- Values are in total, i.e., before deducting provisions, accrued interest, and any other exclusions. ** At the level of consolidated financial statements (branches in Jordan and abroad, and subsidiaries inside and outside Jordan). *** The value of SWIFT messages issued by each bank of all types (MT 102, MT 103, MT 202) which were settled on their central accounts defined in the National Payments System during the year 2020, according to Central Bank data, was adopted.
| Sub-Indicator | Measurement Tool (Sub-Indicator) | Value for All Licensed Banks Based on Bank Data for 2020 (Thousands of Dinars)* |
|---|---|---|
| Size | Total assets of bank branches within Jordan | 54,334,734 |
| Total off-balance sheet liabilities of Jordan branches | 9,214,081 | |
| Interconnectedness | Total balances and deposits with banks and institutions | 6,358,336 |
| Total deposits of banks and financial institutions (Banking Interconnectedness side) ** | 5,927,972 | |
| Total facilities granted to individuals in addition to real estate facilities ** | 17,457,901 | |
| Total facilities granted to companies ** | 25,206,258 | |
| Total facilities granted to the government and the public sector ** | 3,811,627 | |
| Volume of transactions in the National Payments System in Jordan *** RTGS | 97,280,694 | |
| Complexity | Total bank assets outside Jordan (assets of bank branches and its subsidiaries outside Jordan) | 32,923,350 |
| Off-balance sheet liabilities outside Jordan (issued and received enhanced commitments, guarantees, acceptances, unused limits, etc.) | 10,115,362 | |
| Financial assets at fair value through profit or loss + Financial assets at fair value through other comprehensive income ** | 2,323,521 |