The Central Bank of Jordan has advanced deregulation of the country’s banking sector considerably in recent years. According to Adel Satel, analyst at Moody’s Investors Service: “Continued reforms in the financial sector have strengthened the banking system’s capital base, and introduced additional prudential requirements and more transparency into the system.” Roger Smithyes, general manager of Jordan International Bank London, says: “Overall, the sector is very well managed and very well controlled. It goes in line with the general view of Jordan.
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