Khaberni - Maher Al-Mahrouq, the General Manager of the Association of Jordanian Banks, stated that the decision by the Central Bank of Jordan to lower interest rates will contribute to reducing financing costs and encourage more investments in various economic sectors, explaining that the relationship between interest rates and investment is naturally inverse.
Al-Mahrouq confirmed on Thursday that the decision by the Central Bank is binding for all banks operating in the kingdom, noting that its impacts will gradually appear on loans for individuals and companies, according to the interest rate revision period stipulated in the contracts signed between customers and banks, whether it is annual, semi-annual, or quarterly, where the interest is automatically reviewed at the agreed revision date.
Al-Mahrouq explained that the decision to lower interest rates comes within the framework of the Central Bank of Jordan's approach to monitoring economic, monetary, and financial developments locally and internationally, and taking the necessary measures to maintain monetary and financial stability in Jordan.
The Open Market Operations Committee at the Central Bank of Jordan, in its seventh meeting this year, decided to reduce the "main interest rate" of the Central Bank and the interest rates of other monetary policy tools by 25 basis points, effective from Sunday, November 2, 2025.
This reduction came in light of the committee's assessment of the economic, monetary, and financial developments, including interest rate trends locally, regionally, and globally. The monetary and banking indicators have shown a continued positive performance momentum during the elapsed period of the year.
