Paper Title :The Responsibility of Central Bank of Jordan in Maintaining the Jordanian Financial System Stable

Author :Fouzan Al Qaisi

Article Citation :Fouzan Al Qaisi , (2018 ) " The Responsibility of Central Bank of Jordan in Maintaining the Jordanian Financial System Stable " , International Journal of Management and Applied Science (IJMAS) , pp. 71-80, Volume-4,Issue-5

Abstract : This paper aims to seek the responsibility of the Central Bank of Jordan (CBJ) and how it maintains the Jordanian financial stability especially in the banking sector by using ratios such as the Liquidity Ratio, Capital Adequacy Ratio, and Leverage Ratio. This is byinvestigating the stability of five selected banks in Jordanand evaluates the impact of the 2008 Global Financial Crisis (GFC) on the Jordanian financial system, in general, and its impact on these selected banks, in particular.The following hypothesizes will be tested: Hypothesis (1): Did the GFC affect banks in Jordan, Hypothesis (2): did Jordan banks recover after the GFC, Hypothesis (3): did these ratios (Capital Adequacy Ratio, Liquidity Ratio, Leverage Ratio) help in indicating the strength of the Jordanian banking sector, Hypothesis (4): did Jordan financial stability get stabilized after the GFC, and Hypothesis (5): Did the CBJ role affect the Jordanian banking sector positively. Based on the study results, all these hypothesizes have been accepted. Keywords - Central Bank of Jordan, Stability, Global Financial Crisis.

Type : Research paper

Published : Volume-4,Issue-5

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