Strong Banking and Financial Institutions
Jordan enjoys a very well-developed banking sector by regional standards with a wide array of business, investment, and retail services. Both local and international banks are operational and growing in Jordan.
There are 25 banks in Jordan: 16 Jordanian banks out of which 3 are Islamic Bank and 9 non-Jordanian Banks.
Whereas, the Amman Stock Exchange is modern and enjoys no taxes on capital gains, no taxes on cash dividends, free repatriation of investment and income, no ceiling on foreign equity ownership and privatization. With a comprehensive legal Infrastructure, internationally compliant financial environment, and a modern and well-established stock market, your investments are bankable, and your profits will grow.
Jordan enjoys a comprehensive Legal Framework (Central Bank of Jordan Law, Banking Law and Anti-Money Laundering and Combating Financing of Terrorism Law, the Money Exchange Business Law, The Public Debt Law, Foreign Currency Control Law, Electronic Transactions Law).
According to the World Economic Forum’s Global Competitiveness Report 2017 - 2018; the availability of venture capital and access to loans has steadily improved over the past years:
|Financial Market Development||Global Rank (out of 137)|
|Availability of Financial Services||37|
|Ease of Access to Loans||28|
|Soundness of Banks||33|
|Venture Capital Availability||29|
Source: WEF Global Competitiveness Report 2017 - 2018 Jordan