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The Central Bank of Jordan is the sole authority to issue Jordanian banknotes since its establishment in 1964. It released into circulation its first series of Jordanian notes on August 4, 1965. From 1949 to 1965, currency issue was entrusted in the Jordan Currency Board. Before 1949, the Palestinian pound was used. [4]
The Central Bank of Jordan (Arabic: البنك المركزي الاردني) is the central bank of Jordan whose main duties include the release and distribution of the Jordanian currency and the maintenance of a national reserve of gold and foreign currencies. The bank also maintains and insures the safety of the banking environment in Jordan.
The Central Bank of Jordan commenced operations in 1964 and is the sole issuer of Jordanian currency, the Jordanian dinar, which is pegged to the US dollar. The following chart of the trend of gross domestic product of Jordan at market prices by the International Monetary Fund with figures in millions of Jordanian dinars. [26]
The exchange is governed by a seven-member board of directors. A chief executive officer oversees day-to-day responsibilities and reports to the board. [1] The members of ASE are Jordan's 68 brokerage firms. Amman Stock Exchange became state-owned company under the name "The Amman Stock Exchange Company (ASE Company)" on February 20, 2017. [1] [2]
Arab Bank is a publicly held shareholding company listed on the Amman Stock Exchange. The bank is a major economic engine in Jordan and throughout the Middle East and North Africa region, providing banking services and capital, and facilitating development and trade throughout the region. According to its website in 2018, the bank was the ...
The ASE Market Capitalization Weighted Index is a stock index of the Amman Stock Exchange in Jordan. The ASE Weighted Index is one of two principal stock indices on the exchange, the other being the ASE Unweighted Price Index. The ASE Unweighted Index was created in 1980 and was very successful. The ASE went on to create a weighted index in 1992.
The sector consists of 25 banks, 15 of which are listed on the Amman Stock Exchange. Amman is the base city for the international Arab Bank, one of the largest financial institutions in the Middle East, serving
Bank of Jordan: Commercial: Shaker Tawfiq Fakhouri: Saleh Rajab Hammad: bankofjordan.com Cairo Amman Bank: Commercial: Yazid Adnan Mustafa Almufti: Kamal Al - Bakri: cab.jo Capital Bank of Jordan: Commercial: Bassem Khalil Alsalem: Dawod Al Ghoul: capitalbank.jo Central Bank of Jordan: Central: Adel Al-Sharkas: cbj.gov.jo Jordan Commercial Bank ...