The second indicator is certainly the reality of the banking sector. The past years have coincided with an increase in deposits from 36.8 billion dinars in 2020 to 51.6 billion dinars at the end of July 2026, an increase of nearly 40 percent. Credit facilities also increased from 28.6 billion dinars in 2020 to 37.2 billion dinars at the end of July 2026, an increase of nearly 30 percent.
But more important than the growth of deposits and credit is that this expansion coincided with the continued high levels of banking soundness indicators. Capital adequacy reached 18.2 percent at the end of the first half of 2026, while legal liquidity reached 146.6 percent during the same period. These levels reflect the banking sector's ability to absorb risks and maintain an appropriate amount of liquidity and capital.
Another important indicator that can be carefully considered is the return on equity, which increased from 5.1 percent in 2020 to 11.5 percent in the first half of 2026, and the return on assets increased from 0.6 percent to 1.3 percent. At the same time, the ratio of non-performing loans to total loans remained at levels close to the previous ones, reaching 5.6 percent in the first half of 2026 compared to 5.5 percent in 2020, while the coverage ratio of non-performing loans increased from 71.5 percent to 77.3 percent.
The dollarization ratio decreased from 20.02 percent in 2020 to 17.59 percent in 2026. In an economy like Jordan's, a decrease in dollarization with continued exchange rate stability represents an important indicator of the stability of the monetary system and confidence in the local currency.
Regarding the figures of digital transformation, the efforts of various parties, led by the Central Bank, have combined to bring about this major transformation that has become tangible in daily economic life. The value of transactions through the mobile payment system increased from about 1.08 billion dinars in 2020 to 6.34 billion dinars in 2025, and the number of transactions increased from about 12 million to more than 102 million. In the instant payment system 'Click', the value of transactions increased to about 20 billion dinars in 2025, while the number of transactions exceeded 167 million.
This means that the role of the Central Bank was not limited to maintaining monetary stability, but also extended to modernizing the financial infrastructure and enhancing digital payments, financial inclusion, and financial technology. This period also witnessed Jordan's exit from the gray list of the Financial Action Task Force in October 2023, after completing the requirements of the action plan related to combating money laundering and terrorist financing.
Of course, challenges still exist for the Jordanian economy, especially those related to growth, productivity, unemployment, and investment, which require a doubled effort in economic, financial, investment, and operational policies. However, the indicators directly linked to monetary policy files paint a clear picture of stability and confidence. Reserves are high, inflation is relatively stable, the banking sector enjoys high levels of capital and liquidity, deposits and credit have continued to grow, profitability indicators have improved, dollarization has decreased, and the digital transformation process has accelerated.
Certainly, it is no longer just about maintaining stability but using this stability to build an economy more capable of growth. This requires directing credit more towards investment and production, enhancing financial inclusion, continuing the digital transformation, deepening financing for small and medium enterprises, and linking the financial sector more closely to growth, employment, and exports.
Yes, the Central Bank, with the efforts of all its employees and its professional leadership, has succeeded in protecting monetary and banking stability in Jordan during the previous period, under regional and international conditions that were not easy. Therefore, the early renewal decision can be read as a message of confidence in the Central Bank institution and its approach to managing monetary policy and maintaining financial stability.
