Khaberni - The ordinary general assembly of the shareholders of the Bank of Jordan held its meeting on Sunday, March 15, 2026, at one o'clock in the afternoon via audiovisual communication. This was in accordance with article (6/w) of the Jordanian Companies Law No. (22) of 1997 and its amendments, and the instructions on adopting electronic means for company-related procedures of 2021 issued under article (6) of the referred Companies Law, and for instructions on supervising the implementation of special procedures for holding the general assembly meetings of public shareholding companies for the year 2017 and its amendments.
The meeting was chaired by His Excellency Mr. Shaker Fakhouri, the chairman of the board of directors of the Bank of Jordan, with the presence of board members, the general manager of the bank, and shareholders holding "essence and agency" shares, constituting 75.95% of the bank's capital. Also present were the General Controller of Companies and representatives from the Central Bank of Jordan and representatives of the bank's auditors, "Deloitte & Touche".
The general assembly reviewed the performance results of the Bank of Jordan Group for the year 2025, where it recorded a net profit attributable to the shareholders of the bank amounting to 44 million dinars, achieving a growth of 25.7% compared to the year 2024. Operating revenues from interests and commissions (net) also increased by 10.8% reaching 177.7 million dinars, while the total income reached about 190 million dinars, growing by 11.5%. The operating activity of the group constituted approximately 94% of the total income, reflecting the quality and sustainability of the revenue sources. This growth was supported by the expansion of the bank's international branches, especially in the Republic of Iraq, where operations in the branches in Iraq showed positive growth indicators due to an expanded customer base and increased volume of banking activities.
The bank’s assets also increased by 3.3% to reach 3.2 billion dinars, while customer deposits stood at about 2.4 billion dinars with an increase of 6%, and the loan portfolio grew by 5% to reach 1.57 billion dinars. Shareholders’ equity reached 518.1 million dinars.
Profitability indicators showed a marked improvement, as the return on average shareholders' equity rose to 8.4%, and the return on assets to 1.4%. The bank maintained strong liquidity levels with a liquidity coverage ratio of 335.9% and a capital adequacy ratio of 19%, confirming the strength of the bank's capital base.
In commenting on the current geopolitical developments in the region, Mr. Shaker Fakhouri, the chairman of the board, pointed out that the board closely follows the developments associated with the escalation of tensions in the region, and the potential consequences on the regional economy and the global financial markets, especially in light of possible fluctuations in energy prices, supply chains, and their reflections on the pace of economic activity in certain sectors during the upcoming period.
Mr. Fakhouri affirmed that the bank continues to monitor these changes and assess their potential effects within the framework of the adopted risk management, based on the strength of its financial position, strong capital base, high liquidity levels, and the quality of its credit portfolio, along with the diversity of its activities and its geographical spread in the markets it operates in. He added that these fundamentals enhance the bank’s ability to efficiently handle various economic variables and possible scenarios, supporting the stability of its performance and the sustainability of its outcomes during the next stage.
Furthermore, the general assembly approved the board of directors' report for the year 2025, the future plan for the year 2026, the auditors' report for the fiscal year 2025, and the bank’s accounts and budget for the financial year 2025. The assembly also approved the distribution of dividends to shareholders at 18% of the nominal value of the share amounting to 36 million dinars, and the election of auditors for the bank for the year 2026.
In conclusion, Mr. Shaker Fakhouri expressed his gratitude to the board members for their ongoing efforts and continuous support in achieving the group's accomplishments, and to shareholders and customers for their continued trust. He also appreciated the efforts of the executive management and the employees of the bank in achieving these results, and expressed his appreciation for the Central Bank of Jordan and the Ministry of Industry and Trade for their role in supporting the national economy under the wise leadership of His Majesty King Abdullah II bin Al Hussein, may God preserve him, and the efforts the state makes to maintain economic and financial stability amidst current regional tensions.
