Milestones, Why to invest in Safwa, Our Values, Outlook,
Pages:
Success Journey, Our Products and Services, Safwa Share
14 to 26
01 | Safwa Bank, Financials
At a glance, Highlights, Funding, Uses of Fund, NPM Analyses, Profitability, Assets Quality, Liquidity, Efficiency
Pages: 2 to 13
03 | Jordanian Banking Sector
CBJ Role, Basic info and indicators
04 | Jordan
Pages: 27 to 30
At a glance, Jordanian Economic, Why to invest in Jordan,
Pages: 31 to 34
Safwa Bank
Financials
Safwa .. At a Glance
3
Organic
Growth JD
2,625 mn Assets
2%
Organic
JD
JD
2,355 mn Deposits
2,072 mn Financing
2%
4%
B+ 706
75
42
Employees
ATMs
Branches
Growth
JD
16.4 mn Operating Income
29%
Robust
NPL | 2.2%
Credit &
One of the Best
Capital
in the Banking
Profile
Sector
JD
3.0 mn Other Revenue
8%
CAR | 17.3%
Comfortable capital adequacy ratio
JD
3.8 mn Net Income
7%
Coverage
142%
Ratio
129%
Sufficient provisions to face credit risk
Credit Rating
Our Strategy
Market Share%
Key Ratios
Islamic Banking
Banking Sector
21.0
22.1
22.7
18.6
ROE
8.9%
0.1%
17.6
14.1
5.2
2.9
3.2
3.8
4.0
4.1
CTI
40%
3.0%
1.1
2.2
Efficient Bank
Digitally Enabled
Serve All Customers
Trusted Bank
Full Suite Products
10
18
19
20
21
22
Q1.23
Safwa .. Key Ratios
4
Key Ratios
Stand Alone
YTD
Q1.23
Q4.22
QoQ (bps)
YTD, Q1.23
YTD, Q1.22
YoY (bps)
Profitability
Net Profit Margin
2.8%
2.4%
45
2.8%
2.7%
17
Return on Average Equity
8.9%
8.4%
50
8.9%
8.8%
11
Return on Average Assets
0.6%
0.6%
4
0.6%
0.6%
(1)
Return on Average Capital
15.4%
14.2%
118
15.4%
14.4%
100
Assets Quality and Capital
Non-Performing Loan Ratio
2.2%
2.4%
(16)
2.2%
2.3%
(7)
Provision Coverage
142%
125%
1,644
142%
129%
1,290
CAR
17.7%
16.9%
80
17.7%
17.3%
40
CET1
16.9%
16.5%
41
16.9%
17.1%
(13)
Efficiency
Cost to Income
40%
46%
(618)
40%
43%
(305)
Liquidity
LCR
265%
236%
2,890
265%
446%
(18,110)
Financing to Deposits
81%
78%
237
81%
72%
910
Attachments
Original Link
Original Document
Permalink
Disclaimer
Safwa Islamic Bank PSC published this content on 03 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2023 11:55:09 UTC.
Safwa Islamic Bank PSC, formerly Jordan Dubai Islamic Bank PSC, is a Jordan-based public shareholding company engaged in the provision of banking, finance and investment services in compliance with the Islamic sharia principles. The Bank is organized into the following business segments: Personal Banking, which includes unrestricted investment accounts, deferred sales receivables, financing and other banking services for individual customers; Corporate Banking, which covers unrestricted investment accounts, deferred sales receivables, financing and other specialized banking services for corporate customers; Asset Investment, which includes the Banks investment in real estate and leasing, as well as Treasury, which provides trade and treasury services, as well as the Bankâs money management. The Bank operates through its head office and a network of more than 24 branches located across Jordan.
SAFWA ISLAMIC BANK 
