For his part, the Group's CEO, Ammar Al-Safadi, confirmed that the growth recorded by the group during the first nine months of the year included its various financial indicators and was supported by all operational sectors in the group, expressing his happiness with the continued positive upward performance of the group during the first nine months of the year and its ability to record sustainable growth derived from the main operational sectors that continued to record the planned performance across their various financial indicators.
Al-Safadi added that the bank's group was able to achieve sustainable profits while maintaining asset quality and the strength of its financial position, by ensuring a balance between growth and profitability through well-studied policies that ensure effective risk management and enhance performance efficiency.
Al-Safadi reviewed the most prominent financial indicators achieved by the group during the period, explaining the growth of net direct credit facilities by 10.2% to reach 4.9 billion dinars, and the growth of total deposits by 3.3% to reach 6.1 billion dinars.
Al-Safadi pointed to the strength of the group's capital base, as total equity reached 1.5 billion dinars and the capital adequacy ratio reached 18.8%, which is higher than the minimum regulatory requirements of the Central Bank of Jordan and the Basel Committee.
Al-Safadi affirmed the group's commitment to maintaining the provision of the best innovative banking solutions and distinguished services in an operational environment characterized by flexibility and development to provide the best banking services and integrated solutions to customers, which consolidates the group's established position as one of the most prominent banking institutions in the local and regional market.
