Non-performing loans (NPLs) at Jordan’s four largest banks by assets have taken divergent paths over the past few years, during a period marked by continuing civil unrest in the eastern Mediterranean country as well as, more recently, the fallout from the Covid-19 pandemic.
Arab Bank, the largest bank in the country by assets and Tier 1 capital, saw its NPL ratio rise to 6.8% in 2020 from 5.1% in 2018, according to The Banker Database.