The Impact of Global Financial Crisis on the Commercial Banks in Jordan

Abstract

This study aimed at recognizing the concept , reasons and impact of the global financial crisis on the competitive advantage and available liquidity of  the commercial banks in Jordan. The sample  consisted of  24 commercial banks in Jordan, while data was analyzed  by using SPSS Package. The study found that the global financial crisis ( the mortgage crisis) affected the competitive advantage and available liquidity of  the commercial banks in Jordan  . The study recommends making more efforts  to enhance  the credit measures , controls for the mortgage and  offering shares  to the stock exchange, transfer the Jordanian funds from outside to Jordan  in order to support the  liquidity  of the banking sector in Jordan , as well as the  extension of external  loans to the commercial banks in Jordan.

Keywords: Financial Crisis,Commercial Banks, Jordan