Regulatory Alerts2018-05-08
Added · Updated
Total Values of Equivalence Scale Factors Used to Determine Locally Systemically Important Banks for 2017
The Central Bank of Jordan publishes specific aggregate values for equivalence scale factors to enable licensed banks to calculate their systemic importance for 2017. The document provides measured totals for indicators including size, interconnectedness, substitutability, and complexity based on 2017 bank data. These figures, expressed in Jordanian Dinars, serve as the baseline metrics for determining which banks qualify as locally systemically important.
1 Total Values of Equivalence Scale Factors Used to Determine Locally Systemically Important Banks To enable banks to calculate their systemic importance for 2017
| Indicator | Measurement Tool (Sub-indicator) | Sub-indicator Value for All Licensed Banks Based on 2017 Bank Data (JOD*) |
|---|---|---|
| Size | Total assets of bank branches within Jordan | 133,915,892 |
| Total off-balance sheet liabilities of Jordan branches | 9,277,889,852 | |
| Interconnectedness | Total balances and deposits with banks and banking institutions (Asset side**) | 6,192,705,175 |
| Total deposits of banks and banking institutions (Liability side**) | 5,573,047,161 | |
| Substitutability | Total facilities granted to individuals in addition to real estate facilities** | 14,962,552,400 |
| Total facilities granted to companies** | 191,783,950 | |
| Total facilities granted to the government and public sector** | 3,608,380,193 | |
| Volume of transactions in the Jordan National Payment System RTGS*** | 94,458,080,000 | |
| Complexity | Total assets of the bank outside Jordan (assets of bank branches and its subsidiaries outside Jordan) | 31,020,376,420 |
| Off-balance sheet liabilities outside Jordan (issued and received enhanced guarantees, capital adequacy, acceptances, unused limits, etc.) | 12,095,137,587 | |
| Financial assets at fair value through profit or loss + Financial assets at fair value through other comprehensive income** | 1,196,668,789 |
- Values are in total, i.e., before deducting provisions, accrued interest, and any other deductions. ** At the level of consolidated financial data (Jordan branches and abroad, and subsidiaries inside and outside Jordan). *** The value of SWIFT messages issued by each bank and their types (MT103, MT202, MT...) was adopted, which were aggregated in their central accounts defined in the National Payment System during the year 2017 according to Central Bank data.
Share