FINANCIAL NEWS

Jordan’s foreign reserves grow to USD13bn

09 Mar 2017

(MENAFN) The Central Bank of Jordan’s foreign reserves reached almost USD13bn at the end of last year, sufficient to comprise the kingdom’s imports of commodities and services for seven months.

Additionally, local liquidity increased by 4 percent in the cited year compared to 2015, reaching JD32.876bn.

Moreover, the accumulative credit facilities increased by licensed banks in the kingdom grew by 8.5 percent, up to a total of JD22.906bn.

Last year, deposits grew by 1 percent from 2015, up to JD32.9bn, JD26bn of which was in Jordanian dinars, while the rest in foreign currency.

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MENAFN0903201700450000ID1095302107

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