Bank of Jordan held its Ordinary General Assembly meeting on Sunday, 15 March 2026, at 1:00 PM via videoconference, in line with Article (6/f) of the Jordanian Companies Law No. (22) of 1997 and its amendments, the instructions for adopting electronic means for corporate procedures for the year 2021, issued pursuant to Article (6) of the Companies Law, and the instructions for supervising the implementation of the procedures for holding General Assembly Meetings of Public Joint Stock Companies for the year 2017 and its amendments.

The meeting was chaired by His Excellency Mr. Shaker Fakhouri, Chairman of the Board of Directors, and attended by members of the Board, the Bank’s General Manager, and shareholders present in person or represented by proxy, accounting for 75.95% of the Bank’s capital. Also in attendance were the Controller General of Companies, representatives of the Central Bank of Jordan, and representatives of the Bank’s external auditors, Deloitte & Touche.

During the meeting, the General Assembly reviewed the Bank of Jordan Group’s financial and operational performance for 2025. Net profit attributable to shareholders reached JOD 44 million, marking a 25.7% increase compared to 2024. Net operating income from interest and commissions rose by 10.8% to JOD 177.7 million, while total income grew by 11.5% to approximately JOD 190 million. Core banking activities accounted for around 94% of total income, underscoring the strength and sustainability of the bank’s revenue streams. This performance was supported by the continued expansion of the bank’s international operations, particularly in the Republic of Iraq, where business growth was driven by an expanded customer base and increased banking activity.

Total assets grew by 3.3% to reach JOD 3.2 billion, while customer deposits increased by 6% to approximately JOD 2.4 billion. The bank’s credit facilities portfolio expanded by 5% to JOD 1.57 billion, and shareholders’ equity stood at JOD 518.1 million.

Profitability indicators showed notable improvement, with return on average shareholders’ equity rising to 8.4% and return on assets reaching 1.4%. The bank also maintained strong liquidity and capital positions, with a liquidity coverage ratio of 335.9% and a capital adequacy ratio of 19%, reaffirming the strength of its financial base.

Commenting on current geopolitical developments, Chairman Mr. Shaker Fakhouri stated that the Board is closely monitoring escalating regional tensions and their potential impact on both regional economies and global financial markets, particularly in light of possible fluctuations in energy prices and supply chains, and their implications for economic activity in the period ahead.

Mr. Fakhouri emphasized that the bank continues to assess these developments within its established risk management framework. He highlighted the bank’s strong financial position, solid capital base, high liquidity levels, and the quality of its credit portfolio, alongside the diversification of its operations and geographic footprint. These factors, he noted, strengthen the bank’s ability to navigate evolving economic conditions and support the stability and sustainability of its performance going forward.

The General Assembly approved the Board of Directors’ report for 2025, the Bank’s business plan for 2026, the 2025 auditors’ report, and the financial statements for the fiscal year ended in 2025. It also approved a dividend distribution of 18% of the nominal share value, totaling JOD 36 million, and the appointment of the bank’s auditors for 2026.

In closing, Mr. Fakhouri expressed his appreciation to the Board of Directors for their continued efforts and support, as well as to shareholders and customers for their trust. He also commended the executive management and employees for their contributions to the bank’s performance. He extended his gratitude to the Central Bank of Jordan and the Ministry of Industry and Trade for their role in supporting the national economy under the leadership of His Majesty King Abdullah II bin Al-Hussein, and for ongoing efforts to safeguard economic and financial stability amid current regional challenges.