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2024/11/10
At its seventh meeting of this year, the Open Market Operations Committee has decided to reduce the interest rates on all monetary policy instruments by 25 basis points as of November 10th of 2024. The Committee has reiterated that the decision comes after an elaborate revision of domestic economic indicators and global interest rates trends, which support the continuation of the accommodative monetary policy initiated by the Central Bank in last September
2024/11/07
CBJ approves three Entrepreneurial Companies to Enter the Regulatory Sandbox Environment (JoRegBox)
2024/09/22
The Open Market Operations Committee at the Central Bank of Jordan (CBJ) held its sixth meeting this year, where it decided to reduce interest rates on all monetary policy instruments by 50 basis points as of Sunday, September 22, 2024. This decision comes after the end of the monetary tightening cycle conducted by the CBJ since the end of March 2022, similarly to other central banks in the region and worldwide, with the aim of maintaining monetary stability, especially the attractiveness of the Jordanian dinar against other currencies, and containing the inflationary pressures that accompanied the recovery phase from the repercussions of the COVID-19 pandemic. The committee confirmed that the decision to lower interest rates came in light of the monetary policy achieving its set objectives
2024/08/04
The Central Bank of Jordan (CBJ) maintains interest rates on the monetary policy instruments unchanged
2024/06/13
The Open Market Operations Committee at the CBJ decided to maintain interest rates on the monetary policy instruments unchanged at their current level. The committee discussed, during its fourth meeting for this year, the economic and monetary developments in the Kingdom,
2024/05/09
The Open Market Operations Committee at the CBJ decided to maintain interest rates on the monetary policy instruments unchanged at their current level. The committee discussed, during its third meeting for this year, the economic and monetary developments in the Kingdom, which revealed the strength of the national economy and its ability to continue the momentum of positive performance, despite the prevailing conditions in the region. Foreign reserves of the CBJ, have currently reached a new record of USD 19.1 billion, sufficient to cover the K
2024/04/02
Visa Everywhere Initiative (VEI) tasks fintech startups with solving today’s most pressing payments and commerce challenges, with monetary prizes, global exposure, and validation from one of the world’s most trusted brands.
2024/03/10
The Central Bank of Jordan has launched the National Financial Inclusion Strategy (2023-2028) on Sunday, the 10th of March 2024, with the presence of all stakeholders from ministries, private and public sectors, and international organizations who participated in drafting the strategy and support financial inclusion endeavors in the Hashemite Kingdom of Jordan.
2024/02/28
Within the framework of the CBJ’s keenness to develop the operational framework of the monetary policy and diversify its instruments in light of the best practices of central banks and the needs of the local monetary and banking market, the CBJ, in cooperation with operating Islamic banks, has developed new monetary policy instruments that are compatible with the provisions of tolerant Islamic Sharia. The developed instruments will contribute to increasing the effectiveness and efficiency of liquidity management in the monetary market, and help
2023/10/29
The Financial Action Task Force (FATF) announces the removal of Jordan from the Grey List and international acknowledgements for level of effectiveness of the National Anti-Money Laundering and Terrorist Financing System at the FATF plenary meeting.
2023/07/27
The Open Market Operations Committee at the CBJ held its fifth meeting in 2023. During the meeting, the committee thoroughly discussed the economic, monetary and banking developments as well as the expectations of the relevant departments in the bank for the coming period. The committee affirmed its confidence in the robustness of the national economy and its ability to continue improving its performance, as it achieved a 2.8% growth in the first quarter of the current year
2023/04/26
Jordan's Central Bank's Cyber Incident Response Team, Jo-FinCERT, has been recognized by the international organization, Forum of Incident Response and Security Teams (FIRST). This recognition makes Jo-FinCERT a member of the largest non-profit organization in the world specializing in information security incident response and cybersecurity teams. Founded in 1990, FIRST includes numerous global companies and organizations interested in enhancing cybersecurity and internet security. Additionally, the organization allows its members to benefit f
2023/04/06
In light of elevating its position among cyber incident response teams, the Cyber Incident Response Team for the Financial and Banking Sector "Jo-FinCERT", which is affiliated with the Central Bank of Jordan, has received international recognition from the World Organization "TF-CSIRT", which is today one of the most professional global organizations in the field of cyber incident response.
2023/03/26
The Open Market Operations Committee at the Central Bank of Jordan (CBJ) held its second meeting in 2023. During the meeting, the committee discussed the performance of the national economy and the most recent monetary and banking developments in the Kingdom and their implications on the expected performance for the year 2023. The committee also discussed the global economic updates and the financial markets performance, as well as interest rate trends. Accordingly, and aiming at maintaining strong and solid foundations for monetary and banking
2022/12/20
The Cyber Incident Response Unit for the Financial and Banking Sector announces the completion of its membership procedures in the cyber incident response teams - Organization of Islamic Cooperation-CERT (OIC-CERT)
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