jordan pulse -

Housing loans decreased by 17.6% and personal loans by 32.7%, granted by licensed banks in Jordan last year compared to 2022, while car loans rose by 16.5%.

According to the comparative performance report of banks operating in Jordan for the years 2022 and 2023, issued by the Association of Banks and reviewed by "Al-Mamlaka", 77.7% of the total borrowers in Jordan last year were male, and 22.3% were female.

Housing Loans
Licensed banks in Jordan provided housing and real estate loans worth 876 million dinars to individuals last year, compared to approximately 1 billion dinars in 2022, marking a 17.6% decrease.

Of the total housing loans granted last year, 35.6% were provided by commercial banks, 63.4% by Islamic banks, and 0.9% by licensed foreign commercial banks.

Personal Loans
Banks operating in Jordan granted 1.15 billion dinars in personal loans to individuals in 2023, compared to 1.7 billion dinars in 2022, reflecting a 32.7% decrease.

Jordanian commercial banks provided 76.9% of the total personal loans last year, 20.9% by Islamic banks, and 2.2% by foreign commercial banks.

Car Loans
Banks provided 718 million dinars in car loans last year, compared to 616 million dinars in 2022, marking a 16.5% increase.

Islamic banks led the way in car loans granted in 2023, accounting for 61.6% of the total, compared to 36.7% by commercial banks, and 1.6% by foreign commercial banks.