Jordan's Local Commercial Banking Sector Ranking as of December 31, 2013

Contact Details: 00962 7 9767 7418 - [email protected]

Jordanian Banking Sector Report 2014

14

Commercial Banking Sector

Ranking as of December 31,

2013 Tariq Al-Basha – Project Finance Officer & Business Troubleshooter

since June, 2013

BA (Hons) Business Management from the University of Greenwich, London – UK in

July, 2012

Jordan Commercial Banking Sector Ranking as of December 31, 2013

2

Contents Executive Summary ....................................................................................................................................... 4

Consolidated Jordanian Banking Sector ........................................................................................................ 5

Total Assets as of December 31, 2013 .......................................................................................................... 6

Paid-up Capital as of December 31, 2013 ..................................................................................................... 8

Shareholders’ Equity as of December 31, 2013 .......................................................................................... 10

Customers’ Deposits as of December 31, 2013 .......................................................................................... 12

Loans as of December 31, 2013 .................................................................................................................. 14

Loans/Deposits as of December 31, 2013 .................................................................................................. 16

Earnings per Share (EPS) as of December 31, 2013 .................................................................................... 18

Book Value per Share as of December 31, 2013 ......................................................................................... 20

Assets Growth Rate as of December 31, 2013 ........................................................................................... 22

Deposits Growth Rate as of December 31, 2013 ........................................................................................ 24

Total Deposits as of December 31, 2013 .................................................................................................... 26

Net Income as of December 31, 2013 ........................................................................................................ 28

References .................................................................................................................................................. 30

About the Author ........................................................................................................................................ 31


3

﴾ َقاُلوا ُسْبَحاَنَك ََل ِعْلَم َلَنا ِإَلا َما َعلاْمَتَنا ِإناَك َأْنَت اْلَعِليُم اْلَحِكيمُ ﴿ صدق هللا العظيم

23آية –سورة البقرة


4

Executive Summary

With a population of 6.2 million and a per capita GDP of

around $4,900, Jordan occupies an area of about 89,000

square kilometers. The Kingdom is classified as an

upper middle-income country. The country has limited

natural resources (phosphate and potash are its main

exported commodities).

The Jordanian economy is one of the most open in the

region. It is well-integrated regionally through migration

and remittances, trade, foreign direct investment, and

tourism. To build a thriving private sector, Jordan is a

signatory of a number of bilateral and multilateral trade agreements. Moreover, the Jordan

Investment Board (JIB), whose aim is to facilitate the registration and licensing procedures for

private sector project, was founded in 1995.

Underlying the spirit of openness, Jordan moved up the rankings (World Competitiveness

Report) by 7 places in 2012 to attain the 64th spot. This improvement is largely captured by the

innovation pillar (up 20 ranks), business sophistication (13 ranks) and by the goods market

efficiency pillar (10 ranks) and its sub-unit (tax rate as a proportion of profits) which moved up

the rankings from 39 to 27. However, the challenge to improving national competitiveness

remains to be the macroeconomic pillar.

To serve the financial needs of the national economy, Jordan boasts a large financial services

sector and one of the oldest stock markets in the region. Total assets of the banking sector are

equivalent to 180 percent of GDP and this is higher than that in the GCC countries (110

percent). The regulatory capital to risk-weighted assets is equal to 19.5 percent and this is

indeed indicative of a sound banking system. Also, it is estimated that the 28 insurance firms

which operate in Jordan issued the equivalent of 2.0 to 2.2 percent of GDP in premiums.

The Jordanian capital market (established in 1978) lists all Jordanian banks and insurance firms

and most of the largest service and manufacturing firms in the country (247) in total, has a

market capitalization to GDP ratio equal to about 100 percent and 50 percent of its capitalization

is owned by non-Jordanians.

Figure 1: Map of Jordan


5

Consolidated Jordanian Banking Sector

The Central Bank of Jordan (CBJ) classifies the banks into two major categories, namely

national banks and branches of foreign banks. Each of these categories is further divided into

commercial banks and Islamic Banks. Moreover, there are 13 (thirteen) national commercial

banks, 3 (three) national Islamic banks, 8 (eight) branches of foreign commercial banks and 1

(one) branch of foreign Islamic bank as shown in the figure below.

Consolidated Banking Sector

National Banks

Commercial Banks

Arab Bank Arab Banking Corporation

(Jordan)

Arab Jordan Investment Bank

Bank al Etihad

Bank of Jordan Cairo Amman

Bank

Capital Bank of Jordan

Housing Bank for Trade & Finance

InvestBank Jordan Ahli Bank

Jordan Commercial Bank

Jordan Kuwait Bank

Société Générale de Banque –

Jordanie

Islamic Banks

Islamic International

Arab Bank

Jordan Islamic Bank

Jordan Dubai Islamic Bank

Branches of Foreign Banks

Commercial Branches

Banque Audi BLOM Bank

Citi Bank Egyptian Arab

Land Bank

National Bank of Abu Dhabi

National Bank of Kuwait

Rafidain Bank Standard Chartered

Islamic Banks

Al Rajhi Bank


6

Total Assets as of December 31, 2013

Ranking Bank’s Name

Total Assets as

of December 31,

2013 (JOD)

Total Assets of

June 30, 2013

(JOD)

Change in

Total

Assets

(%)

Market

Share as of

December

31, 2013 (%)

Market

Share as of

June 30,

2013 (%)

Changes

in

Market

Share

1 Arab Bank Group 24,538,372,000.00 24,174,832,000.00 1.50% 51.06% 51.79% -0.73%

2 Housing Bank for Trade & Finance 7,227,090,355.00 7,022,831,055.00 2.91% 15.04% 15.04% -0.01%

3 Jordan Ahli Bank 2,702,629,821.00 2,599,493,621.00 3.97% 5.62% 5.57% 0.05%

4 Jordan Kuwait Bank 2,552,465,748.00 2,403,188,181.00 6.21% 5.31% 5.15% 0.16%

5 Cairo Amman Bank 2,212,969,220.00 2,189,663,255.00 1.06% 4.60% 4.69% -0.09%

6 Bank of Jordan 2,076,936,998.00 1,994,714,509.00 4.12% 4.32% 4.27% 0.05%

7 Bank al Etihad 1,927,906,298.00 1,822,972,995.00 5.76% 4.01% 3.91% 0.11%

8 Capital Bank of Jordan 1,886,577,482.00 1,683,667,045.00 12.05% 3.93% 3.61% 0.32%

9 Arab Jordan Investment Bank 1,198,714,238.00 1,170,064,799.00 2.45% 2.49% 2.51% -0.01%

10 Arab Banking Corporation 956,291,367.00 880,008,525.00 8.67% 1.99% 1.89% 0.10%

11 Invest Bank 778,923,054.00 739,096,265.00 5.39% 1.62% 1.58% 0.04%

Total 48,058,876,581.00 46,680,532,250.00 2.95%


7

51%

15%

6%

5%

5%

4%

4%

4% 2% 2% 2%

Market Share of Total Assets as of December 31, 2013 (JOD)

Arab Bank Group


Jordan Ahli Bank

Jordan Kuwait Bank

Cairo Amman Bank

Bank of Jordan

Bank al Etihad



Arab Banking Corporation

Invest Bank


8

Paid-up Capital as of December 31, 2013


Paid-up Capital as

of December 31,

2013 (JOD)

Paid-up Capital

as of June 30,

2013 (JOD)

Changes in

Paid-up

Capital (%)

Market Share as of

December 31, 2013

(%)

Market Share as

of June 31, 2013

(%)

1 Arab Bank Group 534,000,000.00 534,000,000.00 - 28.39% 28.39%

2 Housing Bank for Trade & Finance 252,000,000.00 252,000,000.00 - 13.40% 13.40%

3 Capital Bank of Jordan 165,000,000.00 165,000,000.00 - 8.77% 8.77%

4 Jordan Ahli Bank 165,000,000.00 165,000,000.00 - 8.77% 8.77%

5 Bank of Jordan 155,100,000.00 155,100,000.00 - 8.25% 8.25%

6 Bank al Etihad 110,000,000.00 110,000,000.00 - 5.85% 5.85%

7 Arab Banking Corporation 100,000,000.00 100,000,000.00 - 5.32% 5.32%

7 Arab Jordan Investment Bank 100,000,000.00 100,000,000.00 - 5.32% 5.32%

7 Cairo Amman Bank 100,000,000.00 100,000,000.00 - 5.32% 5.32%

7 Invest Bank 100,000,000.00 100,000,000.00 - 5.32% 5.32%

7 Jordan Kuwait Bank 100,000,000.00 100,000,000.00 - 5.32% 5.32%

Total 1,881,100,000.00 1,881,100,000.00


9

29%

14%

9% 9%

8%

6%

5%

5%

5%

5%

5%

Market Share of Paid-up Capital as of December 31, 2013

Arab Bank Group



Jordan Ahli Bank

Bank of Jordan

Bank al Etihad



Cairo Amman Bank

Invest Bank

Jordan Kuwait Bank


10

Shareholders’ Equity as of December 31, 2013


Shareholders’

Equity as of

December 31,

2013 (JOD)

Shareholders’

Equity as of

June 30, 2013

(JOD)

Changes in

Shareholders’

Equity (%)

Market Share

as of December

31, 2013 (%)

Market Share

as of June 30,

2013 (%)

Changes

in Market

Share

1 Arab Bank Group 3,955,414,000.00 3,883,910,000.00 1.84% 54.21% 55.68% -1.47%

2 Housing Bank for Trade & Finance 1,057,095,527.00 984,255,223.00 7.40% 14.49% 14.11% 0.38%

3 Jordan Kuwait Bank 404,526,399.00 388,172,102.00 4.21% 5.54% 5.57% -0.02%

4 Capital Bank of Jordan 324,291,358.00 262,667,896.00 23.46% 4.44% 3.77% 0.68%

5 Bank of Jordan 321,491,586.00 283,530,808.00 13.39% 4.41% 4.07% 0.34%

6 Jordan Ahli Bank 284,285,331.00 280,210,316.00 1.45% 3.90% 4.02% -0.12%

7 Cairo Amman Bank 264,177,647.00 240,356,390.00 9.91% 3.62% 3.45% 0.17%

8 Bank al Etihad 252,138,049.00 239,093,562.00 5.46% 3.46% 3.43% 0.03%

9 Arab Jordan Investment Bank 159,514,782.00 150,077,864.00 6.29% 2.19% 2.15% 0.03%

10 Invest Bank 139,528,150.00 134,518,473.00 3.72% 1.91% 1.93% -0.02%


Total 7,296,047,828 6,974,811,508 4.61%


11

- 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Arab Bank Group


Jordan Kuwait Bank


Bank of Jordan

Jordan Ahli Bank

Cairo Amman Bank

Bank al Etihad


Invest Bank


Billions

Shareholders’ Equity as of June 30, 2013 Shareholders’ Equity as of December 31, 2013


12

Customers’ Deposits as of December 31, 2013


Customers’

Deposits as of

December 31,

2013 (JOD)

Customers’

Deposits as of

June 30, 2013

(JOD)

Changes in

Customers'

Deposits (%)

Market Share

as of December

31, 2013 (%)

Market Share

as of June 30,

2013 (%)

Changes

in Market

Share

1 Arab Bank Group 15,794,047,000.00 15,057,734,000.00 4.89% 51.02% 50.36% 0.66%

2 Housing Bank for Trade & Finance 5,093,448,045.00 4,860,417,178.00 4.79% 16.45% 16.26% 0.20%


4 Bank of Jordan 1,544,205,723.00 1,549,111,073.00 -0.32% 4.99% 5.18% -0.19%

5 Jordan Ahli Bank 1,461,194,373.00 1,820,052,155.00 -19.72% 4.72% 6.09% -1.37%

6 Cairo Amman Bank 1,426,018,472.00 1,436,403,894.00 -0.72% 4.61% 4.80% -0.20%

7 Bank al Etihad 1,205,587,614.00 1,045,260,157.00 15.34% 3.89% 3.50% 0.40%


9 Arab Banking Corporation 590,515,774.00 579,339,644.00 1.93% 1.91% 1.94% -0.03%


11 Invest Bank 517,866,177.00 490,925,532.00 5.49% 1.67% 1.64% 0.03%

Total 30,955,703,477.00 29,900,108,595.00 3.53%


13

51%

16%

5% 5% 5%

4%

4%

4%

2%

2%

2%

10%

Market Share of Customers’ Deposits as of December 31, 2013

Arab Bank Group


Jordan Kuwait Bank

Bank of Jordan

Jordan Ahli Bank

Cairo Amman Bank

Bank al Etihad




Invest Bank


14

Loans as of December 31, 2013

Ranking Bank’s Name Loans as of

December 31,

2013 (JOD)

Loans as of June

30, 2013 (JOD)

Changes

in Loans

(%)

Market Share as

of December 31,

2013 (%)

Market Share

as of June 30,

2013 (%)

Changes

in Market

Share

1 Arab Bank Group 10,539,256,000.00 10,363,730,000.00 1.69% 50.89% 51.10% -0.21%



4 Jordan Ahli Bank 1,188,001,847.00 1,311,055,303.00 -9.39% 5.74% 6.46% -0.73%

5 Bank of Jordan 1,040,347,184.00 907,604,701.00 14.63% 5.02% 4.48% 0.55%

6 Bank al Etihad 1,014,824,140.00 906,200,040.00 11.99% 4.90% 4.47% 0.43%

7 Cairo Amman Bank 964,787,174.00 1,001,686,580.00 -3.68% 4.66% 4.94% -0.28%


9 Arab Banking Corporation 486,252,015.00 486,406,907.00 -0.03% 2.35% 2.40% -0.05%

10 Invest Bank 430,882,813.00 420,920,031.00 2.37% 2.08% 2.08% 0.01%

11 Arab Jordan Investment Bank 377,314,851.00 383,291,671.00 -1.56% 1.82% 1.89% -0.07%

Total 20,709,068,634.00 20,281,588,338.00 2.11%


15

51%

13%

6% 6%

5%

5%

5%

3%

2%

2%

2%

9%

Markert Share of Loans as of December 31, 2013

Arab Bank Group


Jordan Kuwait Bank

Jordan Ahli Bank

Bank of Jordan

Bank al Etihad

Cairo Amman Bank



Invest Bank



16

Loans/Deposits as of December 31, 2013

Ranking Bank’s Name Loans/Deposits as of December

31, 2013 (%)

Loans/Deposits as of June

30, 2013 (%)

Changes in

Loans/Deposits (%)

1 Bank al Etihad 84.18% 86.70% -2.52%

2 Invest Bank 83.20% 85.74% -2.54%

3 Jordan Kuwait Bank 82.92% 86.48% -3.56%

4 Arab Banking Corporation 82.34% 90.01% -7.67%

5 Jordan Ahli Bank 81.30% 72.03% 9.27%

6 Cairo Amman Bank 67.66% 69.74% -2.08%

7 Bank of Jordan 67.37% 58.59% 8.78%

8 Arab Bank Group 66.73% 68.83% -2.10%

9 Arab Jordan Investment Bank 64.99% 66.16% -1.17%

10 Capital Bank of Jordan 59.31% 61.23% -1.92%

11 Housing Bank for Trade & Finance 52.28% 53.13% -0.85%


17

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

100.00%

Loans/Deposits as of December 31, 2013 (%)

Loans/Deposits as of June 30, 2013 (%)


18

Earnings per Share (EPS) as of December 31, 2013

Ranking Bank’s Name EPS as of December 31, 2013 (JOD) EPS as of June 30, 2013 (JOD) Changes in EPS (JOD)

1 Arab Bank Group 0.65 0.39 0.26

2 Jordan Kuwait Bank 0.48 0.27 0.21

3 Cairo Amman Bank 0.41 0.17 0.24

4 Housing Bank for Trade & Finance 0.40 0.19 0.21

5 Bank of Jordan 0.26 0.13 0.13

6 Capital Bank of Jordan 0.21 0.10 0.11

6 Bank al Etihad 0.21 0.10 0.11

7 Arab Jordan Investment Bank 0.15 0.08 0.07

8 Invest Bank 0.12 0.07 0.05

9 Arab Banking Corporation 0.12 0.06 0.06

10 Jordan Ahli Bank 0.08 0.07 0.01


19

- 0.10 0.20 0.30 0.40 0.50 0.60 0.70

Arab Bank Group

Jordan Kuwait Bank

Cairo Amman Bank


Bank of Jordan


Bank al Etihad


Invest Bank


Jordan Ahli Bank

EPS as of June 30, 2013 (JOD)

EPS as of December 31, 2013 (JOD)


20

Book Value per Share as of December 31, 2013

Ranking Bank’s Name Book Value per Share as of

December 31, 2013 (JOD)

Book Value per Share as of

June 30, 2013 (JOD)

Changes in Book Value

per Share (JOD)

1 Arab Bank Group 7.41 7.27 0.14

2 Housing Bank for Trade & Finance 4.19 3.91 0.28

3 Jordan Kuwait Bank 4.05 3.88 0.17

4 Cairo Amman Bank 2.64 2.40 0.24

5 Bank al Etihad 2.29 2.17 0.12

6 Bank of Jordan 2.07 1.83 0.24

7 Capital Bank of Jordan 1.97 1.59 0.38

8 Jordan Ahli Bank 1.72 1.70 0.02

9 Arab Jordan Investment Bank 1.60 1.50 0.10

10 Invest Bank 1.40 1.35 0.05

11 Arab Banking Corporation 1.34 1.28 0.06


21

-

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

Book Value per Share as of December 31, 2013 (JOD)

Book Value per Share as of June 30, 2013 (JOD)


22

Assets Growth Rate as of December 31, 2013

Ranking Bank’s Name Assets Growth Rate as of

December 31, 2013 (%)

Assets Growth Rate as of

June 30, 2013 (%)

Changes in Assets

Growth Rate (%)

1 Capital Bank of Jordan 17.40% 4.80% 12.60%

2 Arab Jordan Investment Bank 16.10% 13.30% 2.80%

3 Arab Banking Corporation 15.60% 6.40% 9.20%

4 Bank al Etihad 10.20% 4.20% 6.00%

5 Invest Bank 9.90% 4.30% 5.60%

6 Cairo Amman Bank 9.30% 8.20% 1.10%

7 Jordan Kuwait Bank 5.90% -0.30% 6.20%

8 Bank of Jordan 3.00% -1.10% 4.10%

9 Arab Bank Group 2.60% 1.10% 1.50%

10 Housing Bank for Trade & Finance 1.90% -1.00% 2.90%

11 Jordan Ahli Bank 0.20% -1.90% 2.10%


23

-5.00%

0.00%

5.00%

10.00%

15.00%

20.00%

Assets Growth Rate as of December 31, 2013 (%)

Assets Growth Rate as of June 30, 2013 (%)


24

Deposits Growth Rate as of December 31, 2013

Ranking Bank’s Name Deposits Growth Rate as

of December 31, 2013 (%)

Deposits Growth Rate as

of June 30, 2013 (%)

Changes in Deposits

Growth Rate (%)

1 Bank al Etihad 24.93% 5.53% 19.40%

2 Arab Banking Corporation 22.38% 14.70% 7.68%

3 Capital Bank of Jordan 18.77% 8.98% 9.79%

4 Jordan Kuwait Bank 17.16% 4.21% 12.95%

5 Invest Bank 13.05% 10.00% 3.05%

6 Housing Bank for Trade & Finance 7.75% 1.10% 6.65%

7 Arab Bank Group 5.18% 0.99% 4.19%

8 Cairo Amman Bank 1.83% 9.01% -7.18%

9 Arab Jordan Investment Bank 1.53% 4.76% -3.23%

10 Bank of Jordan -0.54% -0.46% -0.08%

11 Jordan Ahli Bank -18.69% -2.36% -16.33%


25

-20.00%

-15.00%

-10.00%

-5.00%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

Deposits Growth Rate as of December 31, 2013 (%) Deposits Growth Rate as of June 30, 2013 (%)


26

Total Deposits as of December 31, 2013

Ranking Bank’s Name Total Deposits as

of December 31,

2013 (JOD)

Total Deposits as

of June 30, 2013

(JOD)

Changes in

Total

Deposits (%)

Market Share as

of December 31,

2013 (%)

Market Share

as of June 30,

2013 (%)

Changes

in Market

Share

1 Arab Bank Group 17,546,747,000.00 17,357,879,000.00 1.09% 50.37% 50.33% 0.04%



4 Cairo Amman Bank 1,639,960,209.00 1,634,126,956.00 0.36% 4.71% 4.74% -0.03%

5 Bank of Jordan 1,614,122,235.00 1,580,300,768.00 2.14% 4.63% 4.58% 0.05%

6 Jordan Ahli Bank 1,581,879,695.00 1,950,063,677.00 -18.88% 4.54% 5.65% -1.11%

7 Bank al Etihad 1,362,262,135.00 1,294,708,852.00 5.22% 3.91% 3.75% 0.16%




11 Invest Bank 564,517,024.00 516,049,898.00 9.39% 1.62% 1.50% 0.12%

Total 34,837,077,770.00 34,491,159,756.00


27

50%

16%

6%

5%

5%

4%

4% 4% 2% 2%

2%

Market Share of Total Deposits as of December 31, 2013 (JOD)

Arab Bank Group


Jordan Kuwait Bank

Cairo Amman Bank

Bank of Jordan

Jordan Ahli Bank

Bank al Etihad




Invest Bank


28

Net Income as of December 31, 2013

Ranking Bank’s Name Net Income as

of December

31, 2013 (JOD)

Net Income as

of June 30,

2013 (JOD)

Changes in

Net Income

(%)

Market Share as

of December 31,

2013 (%)

Market Share

as of June 30,

2013 (%)

Changes

in Market

Share

1 Arab Bank Group 346,226,000.00 208,275,000.00 66.24% 49.92% 54.39% -4.48%

2 Housing Bank for Trade & Finance 106,926,629.00 52,495,870.00 103.69% 15.42% 13.71% 1.71%

3 Jordan Kuwait Bank 47,417,835.00 26,644,892.00 77.96% 6.84% 6.96% -0.12%

4 Cairo Amman Bank 40,795,896.00 17,436,405.00 133.97% 5.88% 4.55% 1.33%


6 Bank of Jordan 36,393,178.00 16,765,579.00 117.07% 5.25% 4.38% 0.87%

7 Bank al Etihad 22,522,015.00 10,149,304.00 121.91% 3.25% 2.65% 0.60%


9 Jordan Ahli Bank 16,003,889.00 11,026,657.00 45.14% 2.31% 2.88% -0.57%

10 Invest Bank 11,930,675.00 7,333,755.00 62.68% 1.72% 1.92% -0.20%


Total 693,610,198.00 382,912,016.00 81.14%


29

50%

16%

7%

6%

5%

5% 3%

2% 2% 2% 2%

Market Share of Net Income as of December 31, 2013 (JOD)

Arab Bank Group


Jordan Kuwait Bank

Cairo Amman Bank


Bank of Jordan

Bank al Etihad


Jordan Ahli Bank

Invest Bank



30

References [Arab Bank Plc] http://www.arabbank.com.jo/

[Arab Banking Corporation (Jordan)] http://www.arabbanking.com.jo/ ‎‎

[Arab Jordan Investment Bank] http://www.ajib.com/en

[Bank al Etihad] http://www.bankaletihad.com/

[Bank of Jordan] http://www.bankofjordan.com/boj50/index.htm

[Cairo Amman Bank] http://www.cab.jo/

[Capital Bank of Jordan] http://www.capitalbank.jo/

[The Housing Bank for Trade & Finance] http://www.hbtf.com/wps/portal

[Invest Bank] http://www.investbank.jo/

[Jordan Ahli Bank] http://www.ahli.com/

[Jordan Commercial Bank] http://www.jcbank.com.jo/en

[Jordan Kuwait Bank] http://www.jkb.com/

[Société Générale de Banque – Jordanie] http://www.sgbj.com.jo/sgbj/en/Home

http://www.arabbank.com.jo/

http://www.arabbanking.com.jo/

http://www.ajib.com/en

http://www.bankaletihad.com/

http://www.bankofjordan.com/boj50/index.htm

http://www.cab.jo/

http://www.capitalbank.jo/

http://www.hbtf.com/wps/portal

http://www.investbank.jo/

http://www.ahli.com/

http://www.jcbank.com.jo/en

http://www.jkb.com/

http://www.sgbj.com.jo/sgbj/en/Home


31

About the Author

Awarded First Class Honours in Bachelor of

Arts (Honours) Business Management from

the University of Greenwich – UK.

Working as a Project Finance Officer for an

Iraqi-owned Group in which representing the

CEO and shareholders' interest in 23

companies, subsidiaries and affiliates in Iraq,

Jordan, Lebanon and UAE.

Previous works related to the Jordanian

Banking Sector:

1. Jordan's Commercial Banking Sector

Ranking as of June 30, 2013.

2. Are Jordanian Banks Jordanian?

3. The External Auditors' Market Share

in the Jordanian Banking Sector in

2012.

4. Retail Branches per Jordanians:

Retail Banking Statistics in Jordan

Key Skills:

1. Budgeting & Forecasting

2. Business Development, Planning & Troubleshooting

3. Cost Analysis & Cutting

4. Entrepreneurship, SMEs & Local Development

5. Financial Analysis, Modeling & Studies

6. Feasibility & Research Studies

7. Legal Writing

Economy & Finance

Jordan's Local Commercial Banking Sector Ranking as of December 31, 2013