Arabs invest JD3.5bln as banking sector dominates capital markets

Amman Stock Exchange. (File photo: Jordan News)
AMMAN — Jordanian banks listed in the Amman Stock Exchange (ASE) have dominated a whopping 48 percent share on average of the local financial market, according to ASE data released on Tuesday for the period between 2018-2021.اضافة اعلان

The Jordan news agency reported that the rate of return on shareholders' equity reached 8 percent at the end of last year with 64 percent of equity owned by Arab investors.

Director General of the Association of Banks in Jordan Maher Mahrouq said that the relationship between Arab investors and the banking sector is strong and positive, and is characterized by participation and benefits for both sides. 

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