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25/ Jordan banking summit highlights resilience, digital transformation
Amman, April 26 (Petra) -- The Association of Banks in Jordan hosted its 2026 Banking Summit in Amman under the theme "Shaping the Future of Financial Innovation," bringing together local and international financial leaders. Patronised by Central Bank of Jordan (CBJ) Governor Adel Sharqas, the event focused on global economic uncertainty, regional challenges and the rapid transformation of the banking sector. Sharqas said 2025 tested Jordan's economic resilience, with steady growth of around 2.7–2.8%, supported by reforms and strong external sector performance. He highlighted stable inflation below 2%, foreign reserves of $28.5 billion and improved monetary indicators. Jordan's banking sector remained strong, with assets projected to grow 6% to JD 74.1 billion, deposits rising 7.1% to JD 50 billion and credit facilities increasing 3.7% to JD 36.1 billion by the end of 2025. Digital transformation was a key theme, with 84% of banking services now conducted online. Transactions through national payment systems exceeded JD 42 billion in 2025. CBJ introduced a regulatory framework for artificial intelligence to guide responsible adoption in the sector. Industry leaders said that banks continue to play a vital role in supporting economic growth, financing businesses and promoting financial inclusion, while adapting to technological change and global risks. The summit featured discussions on global and regional economic outlooks, sustainable finance and the future of banking, with experts warning that uncertainty and high debt levels may weigh on global growth in 2026.
//Petra// AK
26/04/2026 18:28:27
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