Author(s): Thair Adnan Kaddumi, Rita Majed Mustafa Daoud,
The study aimed to investigate the impact of the COVID-19 pandemic on the Jordanian commercial banking sector. The study adopted a comprehensive sampling that includes all 13 commercial banks listed at Amman Stock Exchange - ASE for the period 2019 to 2020. Data were collected by published quarterly reports for each bank. The study hypotheses were tested by employing Wilcoxon (Z) test. The analysis results revealed that net credit facilities, gross profit, and shareholders’ equity have increased after the COVID-19 pandemic in commercial banks for the year of 2020, where only net profit decreased in the year 2020 comparing to 2019, and this because Jordanian Central Bank has directed commercial banks to build high reserves in order to confront the unexpected consequences of COVID-19 pandemic. It is recommended that commercial banks management are encouraged to take into consideration multi investments` alternatives to be able to coup-up with the unexpected consequences pertaining to urgent situations such as the current COVID-19 pandemic.