local commercial banking sector ranking as of june 30, 2014
TRANSCRIPT
Contact Details: 00962 7 9767 7418 - [email protected]
Jordanian Banking Sector Report 2014
14
Commercial Banking Sector
Ranking as of June 30, 2014 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 June 30, 2014
Page 2 of 38
Contents Executive Summary ....................................................................................................................................... 4
Consolidated Jordanian Banking Sector ........................................................................................................ 5
Total Assets as of June 30, 2014 ................................................................................................................... 6
Paid-up Capital as of June 30, 2014 .............................................................................................................. 9
Shareholders’ Equity as of June 30, 2014 ................................................................................................... 12
Customers’ Deposits as of June 30, 2014 ................................................................................................... 14
Loans as of June 30, 2014 ........................................................................................................................... 17
Loans/Deposits as of June 30, 2014 ............................................................................................................ 20
Earnings per Share (EPS) as of June 30, 2014 ............................................................................................. 22
Book Value per Share as of June 30, 2014 .................................................................................................. 24
Assets Growth Rate as of June 30, 2014 ..................................................................................................... 26
Deposits Growth Rate as of June 30, 2014 ................................................................................................. 28
Total Deposits as of June 30, 2014 ............................................................................................................. 30
Net Income as of June 30, 2014 .................................................................................................................. 33
Banks’ Year of Establishment ...................................................................................................................... 36
References .................................................................................................................................................. 37
About the Author ........................................................................................................................................ 38
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 3 of 38
مم قالوا سبحانك ل علم لنا إل ﴿ لمم الح ال نا إنك ن ا عل ﴾ صدق هللا الظمم
23آمة –سورة البقرة
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 4 of 38
Executive Summary
This report focuses mainly and primarily on the
market share of local commercial banks as of June
30, 2014.
This report includes 11 out 13 local commercial
banks.
This report does not include 2 local commercial
banks due to the lack of information which are
Jordan Commercial Bank and Société Générale de
Banque – Jordanie.
This report compares between every two respective
semi-annual.
There will be another study that compares between the figures of Jordanian commercial
banking sector rankings as of June 30, 2013 and June 30, 2014.
There have been several changes in this sector after the acquisition of HSBC Middle East
by Arab Jordan Investment Bank (AJIB).
It can be seen from the below figures and charts that
o The Arab Bank plc is losing the market share of the Total Assets. However, it is still
controlling more than half of the market.
o The Housing Bank for Trade & Finance still maintains its conservative strategy in
lending.
o InvestBank is taking more risking in lending.
o AJIB is moving concretely forward with its unprecedented growth strategy after the
acquisition of HSBC Middle East.
o Bank al Etihad’s growth strategy is finally paying off as it has increased noticeably its
customers’ deposits, deposits growth rate and assets growth rate.
o Jordan Ahli Bank is rehabilitating after existing several markets.
o Many banks have increased their paid-up capital.
o Most of the banks lost their earning per share (EPS) and Book Value per Share in
JOD.
Figure 1: Map of Jordan
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 5 of 38
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
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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Total Assets as of June 30, 2014
Ranking Bank’s Name Total Assets
as of June 30, 2014 (JOD)
Total Assets as of December
31, 2013 (JOD)
Total Assets of June 30, 2013 (JOD)
Change in Total Assets [Dec 13 - June 14] (%)
Change in Total Assets
[June 13 - Dec 13] (%)
Market Share as of
June 30, 2014 (%)
Market Share as of December 31, 2013
(%)
Market Share as of
June 30, 2013 (%)
Changes in Market Share [Dec 13 - June
14] (%)
Changes in Market Share [June 13 - Dec
13] (%)
1 Arab Bank Group 24,582,963,000 24,538,372,000 24,174,832,000 0.18% 1.50% 50.01% 51.06% 51.79% -1.05% -0.73%
2 Housing Bank for Trade & Finance 7,575,038,526 7,227,090,355 7,022,831,055 4.81% 2.91% 15.41% 15.04% 15.04% 0.37% -0.01%
3 Jordan Kuwait Bank 2,578,668,244 2,552,465,748 2,403,188,181 1.03% 6.21% 5.25% 5.31% 5.15% -0.07% 0.16%
4 Cairo Amman Bank 2,305,765,856 2,212,969,220 2,189,663,255 4.19% 1.06% 4.69% 4.60% 4.69% 0.09% -0.09%
5 Jordan Ahli Bank 2,250,313,746 2,702,629,821 2,599,493,621 -16.74% 3.97% 4.58% 5.62% 5.57% -1.05% 0.05%
6 Bank of Jordan 2,234,232,581 2,076,936,998 1,994,714,509 7.57% 4.12% 4.55% 4.32% 4.27% 0.22% 0.05%
7 Bank al Etihad 2,140,751,448 1,927,906,298 1,822,972,995 11.04% 5.76% 4.36% 4.01% 3.91% 0.34% 0.11%
8 Capital Bank of Jordan 1,920,220,899 1,886,577,482 1,683,667,045 1.78% 12.05% 3.91% 3.93% 3.61% -0.02% 0.32%
9 Arab Jordan Investment Bank 1,723,194,062 1,198,714,238 1,170,064,799 43.75% 2.45% 3.51% 2.49% 2.51% 1.01% -0.01%
10 Arab Banking Corporation 1,047,758,653 956,291,367 880,008,525 9.56% 8.67% 2.13% 1.99% 1.89% 0.14% 0.10%
11 Invest Bank 797,120,612 778,923,054 739,096,265 2.34% 5.39% 1.62% 1.62% 1.58% 0.00% 0.04%
Total 49,156,027,627 48,058,876,581 46,680,532,250 2.28% 2.95% 100.00% 100.00% 100.00% 0.00% 0.00%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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50%
15%
5%
5%
5%
5%
4%
4%
3% 2% 2%
Market Share of Total Assets as of June 30, 2014
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Cairo Amman Bank
Jordan Ahli Bank
Bank of Jordan
Bank al Etihad
Capital Bank of Jordan
Arab Jordan Investment Bank
Arab Banking Corporation
Invest Bank
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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-
5,000,000,000
10,000,000,000
15,000,000,000
20,000,000,000
25,000,000,000
30,000,000,000
Arab Bank Group
Housing Bank for Trade &
Finance
Jordan Kuwait Bank
Cairo Amman Bank
Jordan Ahli Bank
Bank of Jordan Bank al Etihad Capital Bank of Jordan
Arab Jordan Investment
Bank
Arab Banking Corporation
Invest Bank
Changes in Total Assets between June 2013 until June 2014 (JOD)
Total Assets as of June 30, 2014 (JOD)
Total Assets as of December 31, 2013 (JOD)
Total Assets of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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Paid-up Capital as of June 30, 2014
Ranking Bank’s Name Paid-up Capital as of June 30, 2014
(JOD)
Paid-up Capital as of December 31, 2013
(JOD)
Paid-up Capital as of June 30, 2013
(JOD)
Changes in Paid-up Capital [Dec 13 - June 14] (%)
Changes in Paid-up Capital [June 13 - Dec 13] (%)
Market Share as of
June 30, 2014 (%)
Market Share as of December
31, 2013 (%)
Market Share as of
June 30, 2013 (%)
1 Arab Bank Group 569,600,000 534,000,000 534,000,000 6.67% - 28.08% 28.39% 28.39%
2 Housing Bank for Trade & Finance 252,000,000 252,000,000 252,000,000 0.00% - 12.42% 13.40% 13.40%
3 Capital Bank of Jordan 181,500,000 165,000,000 165,000,000 10.00% - 8.95% 8.77% 8.77%
4 Jordan Ahli Bank 175,000,000 165,000,000 165,000,000 6.06% - 8.63% 8.77% 8.77%
5 Bank of Jordan 155,100,000 155,100,000 155,100,000 0.00% - 7.65% 8.25% 8.25%
6 Arab Jordan Investment Bank 150,000,000 100,000,000 100,000,000 50.00% - 7.40% 5.32% 5.32%
7 Cairo Amman Bank 125,000,000 100,000,000 100,000,000 25.00% - 6.16% 5.32% 5.32%
8 Bank al Etihad 110,000,000 110,000,000 110,000,000 0.00% - 5.42% 5.85% 5.85%
8 Arab Banking Corporation 110,000,000 100,000,000 100,000,000 10.00% - 5.42% 5.32% 5.32%
9 Invest Bank 100,000,000 100,000,000 100,000,000 0.00% - 4.93% 5.32% 5.32%
9 Jordan Kuwait Bank 100,000,000 100,000,000 100,000,000 0.00% - 4.93% 5.32% 5.32%
Total 2,028,200,000 1,881,100,000 1,881,100,000 107.73% 0.00% 100.00% 100.00% 100.00%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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28%
13%
9% 9%
8%
7%
6%
5%
5%
5%
5%
Market Share of Paid-up Capital as of June 30, 2014
Arab Bank Group Housing Bank for Trade & Finance Capital Bank of Jordan Jordan Ahli Bank Bank of Jordan Arab Jordan Investment Bank
Cairo Amman Bank Bank al Etihad Arab Banking Corporation Invest Bank Jordan Kuwait Bank
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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-
100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
600,000,000
Arab Bank Group
Housing Bank for Trade &
Finance
Capital Bank of Jordan
Jordan Ahli Bank
Bank of Jordan Arab Jordan Investment
Bank
Cairo Amman Bank
Bank al Etihad Arab Banking Corporation
Invest Bank Jordan Kuwait Bank
Changes in Paid-up Capital between June 2013 until June 2014 (JOD)
Paid-up Capital as of June 30, 2014 (JOD)
Paid-up Capital as of December 31, 2013 (JOD)
Paid-up Capital as of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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Shareholders’ Equity as of June 30, 2014
Ranking
Bank’s Name
Shareholders’ Equity as of
June 30, 2014 (JOD)
Shareholders’ Equity as of
December 31, 2013 (JOD)
Shareholders’ Equity as of
June 30, 2013 (JOD)
Changes in Shareholders’
Equity [Dec 13 - June 14]
(%)
Changes in Shareholders’ Equity [June 13 - Dec 13]
(%)
Market Share as of June
30, 2014 (%)
Market Share as of December 31, 2013
(%)
Market Share as of June
30, 2013 (%)
Changes in Market Share [Dec 13 - June
14] (%)
Changes in Market Share [June 13 -
Dec 13] (%)
1 Arab Bank Group 3,984,102,000 3,955,414,000 3,883,910,000 0.73% 1.84% 53.89% 54.21% 55.68% -0.32% -1.47%
2 Housing Bank for Trade & Finance 1,036,843,981 1,057,095,527 984,255,223 -1.92% 7.40% 14.03% 14.49% 14.11% -0.46% 0.38%
3 Jordan Kuwait Bank 418,167,455 404,526,399 388,172,102 3.37% 4.21% 5.66% 5.54% 5.57% 0.11% -0.02%
4 Capital Bank of Jordan 325,880,017 324,291,358 262,667,896 0.49% 23.46% 4.41% 4.44% 3.77% -0.04% 0.68%
5 Bank of Jordan 318,194,247 321,491,586 283,530,808 -1.03% 13.39% 4.30% 4.41% 4.07% -0.10% 0.34%
6 Jordan Ahli Bank 300,066,738 284,285,331 280,210,316 5.55% 1.45% 4.06% 3.90% 4.02% 0.16% -0.12%
7 Cairo Amman Bank 267,674,197 264,177,647 240,356,390 1.32% 9.91% 3.62% 3.62% 3.45% 0.00% 0.17%
8 Bank al Etihad 256,963,478 252,138,049 239,093,562 1.91% 5.46% 3.48% 3.46% 3.43% 0.02% 0.03%
9 Arab Jordan Investment Bank 205,087,882 159,514,782 150,077,864 28.57% 6.29% 2.77% 2.19% 2.15% 0.59% 0.03%
10 Invest Bank 139,944,134 139,528,150 134,518,473 0.30% 3.72% 1.89% 1.91% 1.93% -0.02% -0.02%
11 Arab Banking Corporation 139,613,012 133,584,999 128,018,874 4.51% 4.35% 1.89% 1.83% 1.84% 0.06% 0.00%
Total 7,392,537,141 7,296,047,828 6,974,811,508 43.81% 4.61% 100.00% 100.00% 100.00% 0.00% 0.00%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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- 500,000,000 1,000,000,000 1,500,000,000 2,000,000,000 2,500,000,000 3,000,000,000 3,500,000,000 4,000,000,000 4,500,000,000
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Capital Bank of Jordan
Bank of Jordan
Jordan Ahli Bank
Cairo Amman Bank
Bank al Etihad
Arab Jordan Investment Bank
Invest Bank
Arab Banking Corporation
Changes in Shareholders' Equity between June 2013 until June 2014 (JOD)
Shareholders’ Equity as of June 30, 2013 (JOD)
Shareholders’ Equity as of December 31, 2013 (JOD)
Shareholders’ Equity as of June 30, 2014 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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Customers’ Deposits as of June 30, 2014
Ranking Bank’s Name Customers’ Deposits as of June 30, 2014
(JOD)
Customers’ Deposits as of December 31,
2013 (JOD)
Customers’ Deposits as of June 30, 2013
(JOD)
Changes in Customers'
Deposits [Dec 13 - June 14]
(%)
Changes in Customers'
Deposits [June 13 - Dec 13]
(%)
Market Share as of
June 30, 2014 (%)
Market Share as of December
31, 2013 (%)
Market Share as of
June 30, 2013 (%)
Changes in Market
Share [Dec 13 - June 14]
(%)
Changes in Market
Share [June 13 - Dec 13]
(%)
1 Arab Bank Group 16,252,137,000 15,794,047,000 15,057,734,000 2.90% 4.89% 49.44% 51.02% 50.36% -1.58% 0.66%
2 Housing Bank for Trade & Finance 5,275,481,730 5,093,448,045 4,860,417,178 3.57% 4.79% 16.05% 16.45% 16.26% -0.41% 0.20%
3 Jordan Kuwait Bank 1,661,919,237 1,601,864,631 1,485,413,270 3.75% 7.84% 5.06% 5.17% 4.97% -0.12% 0.21%
4 Bank of Jordan 1,636,532,535 1,544,205,723 1,549,111,073 5.98% -0.32% 4.98% 4.99% 5.18% -0.01% -0.19%
5 Bank al Etihad 1,543,315,597 1,205,587,614 1,045,260,157 28.01% 15.34% 4.69% 3.89% 3.50% 0.80% 0.40%
6 Cairo Amman Bank 1,537,242,112 1,426,018,472 1,436,403,894 7.80% -0.72% 4.68% 4.61% 4.80% 0.07% -0.20%
7 Jordan Ahli Bank 1,520,189,774 1,461,194,373 1,820,052,155 4.04% -19.72% 4.62% 4.72% 6.09% -0.10% -1.37%
8 Capital Bank of Jordan 1,223,094,508 1,140,349,003 1,035,051,791 7.26% 10.17% 3.72% 3.68% 3.46% 0.04% 0.22%
9 Arab Jordan Investment Bank 1,011,830,291 580,606,665 540,399,901 74.27% 7.44% 3.08% 1.88% 1.81% 1.20% 0.07%
10 Arab Banking Corporation 661,026,025 590,515,774 579,339,644 11.94% 1.93% 2.01% 1.91% 1.94% 0.10% -0.03%
11 Invest Bank 549,853,192 517,866,177 490,925,532 6.18% 5.49% 1.67% 1.67% 1.64% 0.00% 0.03%
32,872,622,001 30,955,703,477 29,900,108,595 6.19% 3.53% 100.00% 100.00% 100.00% 0.00% 0.00%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
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49%
16%
5% 5%
5%
5%
4%
4%
3%
2%
2%
11%
The Market Share of Customers’ Deposits as of June 30, 2014 (JOD)
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Bank of Jordan
Bank al Etihad
Cairo Amman Bank
Jordan Ahli Bank
Capital Bank of Jordan
Arab Jordan Investment Bank
Arab Banking Corporation
Invest Bank
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 16 of 38
-
2,000,000,000
4,000,000,000
6,000,000,000
8,000,000,000
10,000,000,000
12,000,000,000
14,000,000,000
16,000,000,000
18,000,000,000
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Bank of Jordan
Bank al Etihad
Cairo Amman
Bank
Jordan Ahli Bank
Capital Bank of Jordan
Arab Jordan Investment
Bank
Arab Banking
Corporation
Invest Bank
Changes in Customers' Deposits between June 2013 until June 2014
Customers’ Deposits as of June 30, 2014 (JOD)
Customers’ Deposits as of December 31, 2013 (JOD)
Customers’ Deposits as of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 17 of 38
Loans as of June 30, 2014
Ranking Bank’s Name Loans as of
June 30, 2014 (JOD)
Loans as of December 31,
2013 (JOD)
Loans as of June 30, 2013
(JOD)
Changes in Loans [Dec
13 - June 14] (%)
Changes in Loans [June
13 - Dec 13] (%)
Market Share as of
June 30, 2014 (%)
Market Share as of
December 31, 2013 (%)
Market Share as of
June 30, 2013 (%)
Changes in Market Share [Dec 13 - June
14] (%)
Changes in Market
Share [June 13 - Dec 13]
(%)
1 Arab Bank Group 11,099,361,000 10,539,256,000 10,363,730,000 5.31% 1.69% 50.64% 50.89% 51.10% -0.25% -0.21%
2 Housing Bank for Trade & Finance 2,802,386,439 2,662,847,949 2,582,238,673 5.24% 3.12% 12.78% 12.86% 12.73% -0.07% 0.13%
3 Jordan Kuwait Bank 1,326,579,501 1,328,188,339 1,284,648,962 -0.12% 3.39% 6.05% 6.41% 6.33% -0.36% 0.08%
4 Jordan Ahli Bank 1,191,207,990 1,188,001,847 1,311,055,303 0.27% -9.39% 5.43% 5.74% 6.46% -0.30% -0.73%
5 Bank of Jordan 1,125,563,088 1,040,347,184 907,604,701 8.19% 14.63% 5.14% 5.02% 4.48% 0.11% 0.55%
6 Bank al Etihad 1,071,409,873 1,014,824,140 906,200,040 5.58% 11.99% 4.89% 4.90% 4.47% -0.01% 0.43%
7 Cairo Amman Bank 1,003,827,832 964,787,174 1,001,686,580 4.05% -3.68% 4.58% 4.66% 4.94% -0.08% -0.28%
8 Capital Bank of Jordan 729,758,007 676,366,322 633,805,470 7.89% 6.72% 3.33% 3.27% 3.13% 0.06% 0.14%
9 Arab Jordan Investment Bank 628,896,436 377,314,851 383,291,671 66.68% -1.56% 2.87% 1.82% 1.89% 1.05% -0.07%
10 Arab Banking Corporation 482,777,461 486,252,015 486,406,907 -0.71% -0.03% 2.20% 2.35% 2.40% -0.15% -0.05%
11 Invest Bank 457,625,062 430,882,813 420,920,031 6.21% 2.37% 2.09% 2.08% 2.08% 0.01% 0.01%
Total 21,919,392,689 20,709,068,634 20,281,588,338 5.84% 2.11% 100.00% 100.00% 100.00% 0.00% 0.00%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 18 of 38
51%
13%
6% 5%
5%
5%
5%
3%
3%
2%
2%
10%
The Market Share of Loans as of June 30, 2014 (JOD)
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Jordan Ahli Bank
Bank of Jordan
Bank al Etihad
Cairo Amman Bank
Capital Bank of Jordan
Arab Jordan Investment Bank
Arab Banking Corporation
Invest Bank
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 19 of 38
-
2,000,000,000
4,000,000,000
6,000,000,000
8,000,000,000
10,000,000,000
12,000,000,000
Arab Bank Group
Housing Bank for Trade &
Finance
Jordan Kuwait Bank
Jordan Ahli Bank
Bank of Jordan
Bank al Etihad
Cairo Amman Bank
Capital Bank of Jordan
Arab Jordan Investment
Bank
Arab Banking Corporation
Invest Bank
Changes in Loans (Net) between June 2013 until June 2014 (JOD)
Loans as of June 30, 2014 (JOD)
Loans as of December 31, 2013 (JOD)
Loans as of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 20 of 38
Loans/Deposits as of June 30, 2014
Ranking Bank’s Name Loans/Deposits as of June 30, 2014 (%)
Loans/Deposits as of December 31, 2013 (%)
Loans/Deposits as of June 30, 2013 (%)
Changes in Loans/Deposits [Dec 13 - June 14] (%)
Changes in Loans/Deposits [June 13 - Dec 13] (%)
1 Invest Bank 83.23% 83.20% 85.74% 0.03% -2.54%
2 Jordan Kuwait Bank 79.82% 82.92% 86.48% -3.10% -3.56%
3 Jordan Ahli Bank 78.36% 81.30% 72.03% -2.94% 9.27%
4 Arab Banking Corporation 73.03% 82.34% 90.01% -9.31% -7.67%
5 Bank al Etihad 69.42% 84.18% 86.70% -14.76% -2.52%
6 Bank of Jordan 68.78% 67.37% 58.59% 1.41% 8.78%
7 Arab Bank Group 68.29% 66.73% 68.83% 1.56% -2.10%
8 Cairo Amman Bank 65.30% 67.66% 69.74% -2.36% -2.08%
9 Arab Jordan Investment Bank 62.15% 64.99% 66.16% -2.84% -1.17%
10 Capital Bank of Jordan 59.66% 59.31% 61.23% 0.35% -1.92%
11 Housing Bank for Trade & Finance 53.21% 52.28% 53.13% 0.93% -0.85%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 21 of 38
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 90.00% 100.00%
Invest Bank
Jordan Kuwait Bank
Jordan Ahli Bank
Arab Banking Corporation
Bank al Etihad
Bank of Jordan
Arab Bank Group
Cairo Amman Bank
Arab Jordan Investment Bank
Capital Bank of Jordan
Housing Bank for Trade & Finance
Changes in Loans/Deposits between June 2013 until June 2014
Loans/Deposits as of June 30, 2013 (%)
Loans/Deposits as of December 31, 2013 (%)
Loans/Deposits as of June 30, 2014 (%)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 22 of 38
Earnings per Share (EPS) as of June 30, 2014
Ranking Bank’s Name EPS as of June 30, 2014 (JOD) EPS as of December 31, 2013 (JOD) EPS as of June 30, 2013 (JOD) Changes in EPS [Dec 13 - June 14] (JOD)
Changes in EPS [June 13 - Dec 13] (JOD)
1 Arab Bank Group 0.34 0.65 0.39 (0.31) 0.26
2 Jordan Kuwait Bank 0.28 0.48 0.27 (0.20) 0.21
3 Housing Bank for Trade & Finance 0.23 0.40 0.19 (0.17) 0.21
4 Cairo Amman Bank 0.16 0.41 0.17 (0.25) 0.24
5 Jordan Ahli Bank 0.15 0.08 0.07 0.07 0.01
6 Bank of Jordan 0.14 0.26 0.13 (0.12) 0.13
7 Bank al Etihad 0.11 0.21 0.10 (0.10) 0.11
8 Capital Bank of Jordan 0.10 0.21 0.10 (0.11) 0.11
9 Arab Jordan Investment Bank 0.06 0.15 0.08 (0.09) 0.07
9 Invest Bank 0.06 0.12 0.07 (0.06) 0.05
9 Arab Banking Corporation 0.06 0.12 0.06 (0.06) 0.06
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 23 of 38
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
Arab Bank Group
Jordan Kuwait Bank
Housing Bank for Trade &
Finance
Cairo Amman Bank
Jordan Ahli Bank
Bank of Jordan Bank al Etihad Capital Bank of Jordan
Arab Jordan Investment
Bank
Invest Bank Arab Banking Corporation
Changes in Earning per Share between June 2013 until June 2014 (JOD)
EPS as of June 30, 2014 (JOD)
EPS as of December 31, 2013 (JOD)
EPS as of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 24 of 38
Book Value per Share as of June 30, 2014
Ranking Bank’s Name Book Value per Share as of June 30, 2014 (JOD)
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 [Dec 13 - June 14] (JOD)
Changes in Book Value per Share [June 13 - Dec 13] (JOD)
1 Arab Bank Group 6.99 7.41 7.27 (0.42) 0.14
2 Jordan Kuwait Bank 4.18 4.05 3.88 0.13 0.17
3 Housing Bank for Trade & Finance 4.11 4.19 3.91 (0.08) 0.28
4 Bank al Etihad 2.34 2.29 2.17 0.05 0.12
5 Cairo Amman Bank 2.14 2.64 2.40 (0.50) 0.24
6 Bank of Jordan 2.05 2.07 1.83 (0.02) 0.24
7 Capital Bank of Jordan 1.80 1.97 1.59 (0.17) 0.38
8 Jordan Ahli Bank 1.71 1.72 1.70 (0.01) 0.02
9 Invest Bank 1.40 1.40 1.35 - 0.05
10 Arab Jordan Investment Bank 1.37 1.60 1.50 (0.23) 0.10
11 Arab Banking Corporation 1.27 1.34 1.28 (0.07) 0.06
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 25 of 38
0
1
2
3
4
5
6
7
8
Arab Bank Group
Jordan Kuwait Bank
Housing Bank for Trade &
Finance
Bank al Etihad Cairo Amman Bank
Bank of Jordan Capital Bank of Jordan
Jordan Ahli Bank
Invest Bank Arab Jordan Investment
Bank
Arab Banking Corporation
Changes in Book Value per Share between June 2013 until June 2014 (JOD)
Book Value per Share as of June 30, 2014 (JOD)
Book Value per Share as of December 31, 2013 (JOD)
Book Value per Share as of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 26 of 38
Assets Growth Rate as of June 30, 2014
Ranking Bank’s Name Assets Growth Rate as of June 30, 2014 (%)
Assets Growth Rate as of December 31, 2013 (%)
Assets Growth Rate as of June 30, 2013 (%)
Changes in Assets Growth Rate [Dec 13 - June 14] (%)
Changes in Assets Growth Rate [June 13 -
Dec 13] (%)
1 Arab Jordan Investment Bank 43.80% 16.10% 13.30% 27.70% 2.80%
2 Bank al Etihad 11.00% 10.20% 4.20% 0.80% 6.00%
3 Arab Banking Corporation 9.60% 15.60% 6.40% -6.00% 9.20%
4 Bank of Jordan 7.60% 3.00% -1.10% 4.60% 4.10%
5 Housing Bank for Trade & Finance 4.80% 1.90% -1.00% 2.90% 2.90%
6 Cairo Amman Bank 4.20% 9.30% 8.20% -5.10% 1.10%
7 Invest Bank 2.30% 9.90% 4.30% -7.60% 5.60%
8 Capital Bank of Jordan 1.80% 17.40% 4.80% -15.60% 12.60%
9 Jordan Kuwait Bank 1.00% 5.90% -0.30% -4.90% 6.20%
10 Arab Bank Group 0.20% 2.60% 1.10% -2.40% 1.50%
11 Jordan Ahli Bank -16.70% 0.20% -1.90% -16.90% 2.10%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 27 of 38
-20.00%
-10.00%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
Arab Jordan Investment
Bank
Bank al Etihad Arab Banking Corporation
Bank of Jordan
Housing Bank for Trade &
Finance
Cairo Amman Bank
Invest Bank Capital Bank of Jordan
Jordan Kuwait Bank
Arab Bank Group
Jordan Ahli Bank
Changes in Assets Growth Rate between June 2013 until June 2014 (%)
Assets Growth Rate as of June 30, 2014 (%)
Assets Growth Rate as of December 31, 2013 (%)
Assets Growth Rate as of June 30, 2013 (%)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 28 of 38
Deposits Growth Rate as of June 30, 2014
Ranking Bank’s Name Deposits Growth Rate as of June 30, 2014 (%)
Deposits Growth Rate as of December 31, 2013 (%)
Deposits Growth Rate as of June 30, 2013 (%)
Changes in Deposits Growth Rate [Dec 13 - June 14] (%)
Changes in Deposits Growth Rate [June 13 - Dec 13] (%)
1 Arab Jordan Investment Bank 74.27% 1.53% 4.76% 72.74% -3.23%
2 Bank al Etihad 28.01% 24.93% 5.53% 3.08% 19.40%
3 Arab Banking Corporation 11.94% 22.38% 14.70% -10.44% 7.68%
4 Cairo Amman Bank 7.80% 1.83% 9.01% 5.97% -7.18%
5 Capital Bank of Jordan 7.26% 18.77% 8.98% -11.51% 9.79%
6 Invest Bank 6.18% 13.05% 10.00% -6.87% 3.05%
7 Bank of Jordan 5.98% -0.54% -0.46% 6.52% -0.08%
8 Jordan Ahli Bank 4.04% -18.69% -2.36% 22.73% -16.33%
9 Jordan Kuwait Bank 3.75% 17.16% 4.21% -13.41% 12.95%
10 Housing Bank for Trade & Finance 3.57% 7.75% 1.10% -4.18% 6.65%
11 Arab Bank Group 2.90% 5.18% 0.99% -2.28% 4.19%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 29 of 38
-20.00%
-10.00%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
Arab Jordan Investment
Bank
Bank al Etihad
Arab Banking Corporation
Cairo Amman Bank
Capital Bank of Jordan
Invest Bank Bank of Jordan
Jordan Ahli Bank
Jordan Kuwait Bank
Housing Bank for Trade &
Finance
Arab Bank Group
Changes in Deposits Growth Rare between June 2013 until June 2014
Deposits Growth Rate as of June 30, 2014 (%)
Deposits Growth Rate as of December 31, 2013 (%)
Deposits Growth Rate as of June 30, 2013 (%)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 30 of 38
Total Deposits as of June 30, 2014
Ranking Bank’s Name Total Deposits as of June 30,
2014 (JOD)
Total Deposits as of December 31, 2013 (JOD)
Total Deposits as of June 30,
2013 (JOD)
Changes in Total Deposits [Dec 13 -
June 14] (%)
Changes in Total Deposits [June 13
- Dec 13] (%)
Market Share as of
December 31, 2013 (%)
Market Share as of
June 30, 2013 (%)
Market Share as of
June 30, 2013 (%)
Changes in Market Share [June 13 - Dec
13] (%)
1 Arab Bank Group 17,947,222,000 17,546,747,000 17,357,879,000 2.28% 1.09% 50.37% 48.57% 50.33% 0.04%
2 Housing Bank for Trade & Finance 6,075,521,457 5,686,307,647 5,627,884,310 6.84% 1.04% 16.32% 16.44% 16.32% 0.01%
3 Jordan Kuwait Bank 1,996,467,727 1,976,696,871 1,860,283,045 1.00% 6.26% 5.67% 5.40% 5.39% 0.28%
4 Cairo Amman Bank 1,807,279,356 1,639,960,209 1,634,126,956 10.20% 0.36% 4.71% 4.89% 4.74% -0.03%
5 Bank of Jordan 1,746,078,845 1,614,122,235 1,580,300,768 8.18% 2.14% 4.63% 4.73% 4.58% 0.05%
6 Bank al Etihad 1,633,539,247 1,362,262,135 1,294,708,852 19.91% 5.22% 3.91% 4.42% 3.75% 0.16%
7 Jordan Ahli Bank 1,591,130,331 1,581,879,695 1,950,063,677 0.58% -18.88% 4.54% 4.31% 5.65% -1.11%
8 Arab Jordan Investment Bank 1,393,287,577 886,864,054 873,177,690 57.10% 1.57% 2.55% 3.77% 2.53% 0.01%
9 Capital Bank of Jordan 1,354,135,747 1,243,370,843 1,136,294,130 8.91% 9.42% 3.57% 3.66% 3.29% 0.27%
10 Arab Banking Corporation 833,801,371 734,350,057 660,391,430 13.54% 11.20% 2.11% 2.26% 1.91% 0.19%
11 Invest Bank 572,394,029 564,517,024 516,049,898 1.40% 9.39% 1.62% 1.55% 1.50% 0.12%
Total 36,950,857,687 34,837,077,770 34,491,159,756 129.95% 28.80% 100.00% 100.00% 100.00% 0.00%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 31 of 38
49%
16%
5%
5%
5%
4%
4%
4% 4% 2% 2%
The Market Share of Total Deposits as of June 30, 2014 (JOD)
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Cairo Amman Bank
Bank of Jordan
Bank al Etihad
Jordan Ahli Bank
Arab Jordan Investment Bank
Capital Bank of Jordan
Arab Banking Corporation
Invest Bank
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 32 of 38
- 2,000,000,000 4,000,000,000 6,000,000,000 8,000,000,000 10,000,000,000 12,000,000,000 14,000,000,000 16,000,000,000 18,000,000,000
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Cairo Amman Bank
Bank of Jordan
Bank al Etihad
Jordan Ahli Bank
Arab Jordan Investment Bank
Capital Bank of Jordan
Arab Banking Corporation
Invest Bank
Changes in Total Deposits between June 2013 until June 2014 (JOD)
Total Deposits as of June 30, 2013 (JOD)
Total Deposits as of December 31, 2013 (JOD)
Total Deposits as of June 30, 2014 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 33 of 38
Net Income as of June 30, 2014
Ranking Bank’s Name Net Income as
of June 30, 2014 (JOD)
Net Income as of December
31, 2013 (JOD)
Net Income as of June 30, 2013 (JOD)
Changes in Net Income
[Dec 13 - June 14] (%)
Changes in Net
Income [June 13 -
Dec 13] (%)
Market Share as of
June 30, 2014 (%)
Market Share as of December
31, 2013 (%)
Market Share as of
June 30, 2013 (%)
Changes in Market
Share [Dec 13 - June 14]
(%)
Changes in Market
Share [June 13 - Dec 13]
(%)
1 Arab Bank Group 194,153,000.00 346,226,000.00 208,275,000.00 -43.92% 66.24% 48.15% 49.92% 54.39% -1.76% -4.48%
2 Housing Bank for Trade & Finance 61,078,959.00 106,926,629.00 52,495,870.00 -42.88% 103.69% 15.15% 15.42% 13.71% -0.27% 1.71%
3 Jordan Kuwait Bank 27,742,507.00 47,417,835.00 26,644,892.00 -41.49% 77.96% 6.88% 6.84% 6.96% 0.04% -0.12%
4 Jordan Ahli Bank 25,541,131.00 16,003,889.00 11,026,657.00 59.59% 45.14% 6.33% 2.31% 2.88% 4.03% -0.57%
5 Cairo Amman Bank 20,567,466.00 40,795,896.00 17,436,405.00 -49.58% 133.97% 5.10% 5.88% 4.55% -0.78% 1.33%
6 Bank of Jordan 20,143,044.00 36,393,178.00 16,765,579.00 -44.65% 117.07% 5.00% 5.25% 4.38% -0.25% 0.87%
7 Capital Bank of Jordan 20,015,615.00 37,036,290.00 18,070,969.00 -45.96% 104.95% 4.96% 5.34% 4.72% -0.38% 0.62%
8 Bank al Etihad 11,589,335.00 22,522,015.00 10,149,304.00 -48.54% 121.91% 2.87% 3.25% 2.65% -0.37% 0.60%
9 Arab Jordan Investment Bank 9,743,719.00 16,662,117.00 8,557,633.00 -41.52% 94.70% 2.42% 2.40% 2.23% 0.01% 0.17%
10 Invest Bank 6,319,629.00 11,930,675.00 7,333,755.00 -47.03% 62.68% 1.57% 1.72% 1.92% -0.15% -0.20%
11 Arab Banking Corporation 6,308,254.00 11,695,674.00 6,155,952.00 -46.06% 89.99% 1.56% 1.69% 1.61% -0.12% 0.08%
Total 403,202,659.00 693,610,198.00 382,912,016.00 -392.05% 1018.29% 100% 100% 100% 0% 0%
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 34 of 38
48%
15%
7%
6%
5%
5%
5%
3% 2% 2% 2%
The Market Share of Net Income as of June 30, 2014 (JOD)
Arab Bank Group
Housing Bank for Trade & Finance
Jordan Kuwait Bank
Jordan Ahli Bank
Cairo Amman Bank
Bank of Jordan
Capital Bank of Jordan
Bank al Etihad
Arab Jordan Investment Bank
Invest Bank
Arab Banking Corporation
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 35 of 38
-
50,000,000.00
100,000,000.00
150,000,000.00
200,000,000.00
250,000,000.00
300,000,000.00
350,000,000.00
400,000,000.00
Arab Bank Group
Housing Bank for Trade &
Finance
Jordan Kuwait Bank
Jordan Ahli Bank
Cairo Amman Bank
Bank of Jordan Capital Bank of Jordan
Bank al Etihad Arab Jordan Investment
Bank
Invest Bank Arab Banking Corporation
Changes in Net Income between June 2013 until June 2014 (JOD)
Net Income as of June 30, 2014 (JOD)
Net Income as of December 31, 2013 (JOD)
Net Income as of June 30, 2013 (JOD)
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 36 of 38
Banks’ Year of Establishment
Number Bank Reuters Code Year of Establishment
1 Arab Bank Group ARBK 1930
2 Arab Banking Corporation (Jordan) ABCO 1990
3 Arab Jordan Investment Bank AJIB 1978
4 Bank al Etihad USBI 1978
5 Bank of Jordan BOJX 1960
6 Cairo Amman Bank CABK 1960
7 Capital Bank of Jordan EXFB 1995
8 Invest Bank INVB 1982
9 Jordan Ahli Bank AHLI 1955
10 Jordan Commercial Bank JCBK 1977
11 Jordan Kuwait Bank JOKB 1976
12 Société Générale de Banque – Jordanie SGBJ 1965
13 The Housing Bank for Trade & Finance THBK 1973
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 37 of 38
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/
[Central Bank of Jordan] http://www.cbj.gov.jo/
[Companies Control Department] http://www.ccd.gov.jo/english/index.php
[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/
[Securities Depository Center] http://sdc.com.jo/english/index.php
[Société Générale de Banque – Jordanie] http://www.sgbj.com.jo/sgbj/en/Home
[The Housing Bank for Trade & Finance] http://www.hbtf.com/wps/portal
Jordan Commercial Banking Sector Ranking as of June 30, 2014
Page 38 of 38
About the Author
Awarded First Class Honours in Bachelor of Arts
(Honours) Business Management from the
University of Greenwich, London – UK.
Working as a Project Finance Officer for an Iraqi-
owned Group.
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
5. Jordan’s Commercial Banking Sector
Ranking as of December 31, 2013
6. The Market Share of Direct Credit
Facilities of Jordanian National
Commercial Banks in 2012 & 2013
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