![]() Furthermore, banks in Jordan continued to enjoy an increasingly sound operating environment despite the fact that non-performing loans percentages increased from about 4% in 2008 to 6.4% in 2009. ![]() cut Jordan's long-term local currency sovereign ratings to BBB- from BBB.ĭespite the minor drop in ratings, the Banking sector in Jordan is healthy as evident by the menu of monetary tools which includes regulatory measures that guard against systemic risks and ensure well-capitalized banking system with overall capital adequacy surpassing 18% as of 2009. What is your overall assessment of Banking sector in Jordan and its outlook? Abdel Hamid Shoman, Chairman of Arab Bank
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