Today’s banking industry faces a myriad of challenges, including fierce sector competition, heavy regulation by government authorities and central banks and the ever-increasing pace of technological advancement. To keep up, banks are seeking support to help them manage risk, meet regulatory requirements, ensure their cybersecurity, and satisfy evolving customer demands.
Maintaining a healthy banking industry is crucial to society at large. Banks, when they perform well, stimulate economic growth and foster public trust. Moreover, they allow their customers to improve their financial lives through savings, loans and investments, propelling them towards a secure and prosperous future.
BDO Jordan provides a wide range of services to support the banking industry, including but not limited to audit and tax assurance, regulatory advisory services and support, tax structuring advice, support for banking license applications, due diligence on foreign–owned banks, internal audit services, systems and control manuals, post-implementation systems reviews, valuations of financial investments, IFRS accounting, advice on all aspects of financial instrument standards and sustainable financial risk management.