Jordan’s telecom sector experienced the highest growth in credit inquiries, rising by 262% during the first half of 2026. Data from the credit information company CRIF Jordan indicates a significant increase in overall credit inquiries and reports compared to the same period in 2025. The telecommunications sector alone recorded approximately 19,943 inquiries, representing a 262% surge in the first half of 2026. This notable expansion in inquiries within the telecom sector notes a dynamic shift in credit activity across various industries in Jordan. The data provided by CRIF Jordan offers a full overview of these trends, showing the company's role in monitoring the nation's credit landscape.
Banking and Financial Sector Activity
Banks recorded 776,363 credit inquiries during the first half of 2026, marking an 18% increase compared with the same period in the previous year. This substantial rise in banking inquiries reflects sustained engagement within the traditional financial sector. Microfinance companies also experienced growth in credit inquiries, which rose by 9% to a total of 224,289. This increase for microfinance entities suggests a growing demand for smaller-scale financial services and credit access. Financial leasing companies saw a substantial increase, with their inquiries reaching 12,245, representing a 91% surge. The significant percentage growth in financial leasing inquiries indicates a rapidly expanding market segment.
In contrast, inquiries originating from non-bank financial companies declined by 30%, totaling 95,536 for the period. This downturn for non-bank financial companies presents a contrasting trend within the broader financial services landscape. The use of banking applications for accessing individual credit reports expanded significantly, with the number of reports issued increasing by 47% to 33,572 during the first half of 2026. This substantial increase points to a rising adoption of digital platforms for personal financial management. Banking applications facilitated the issuance of 286 corporate digital reports within the same timeframe, indicating a nascent but growing trend in digital corporate credit information access.
Broader Credit Market Trends
CRIF Jordan’s data indicated a 12% increase in the number of reports issued, reaching approximately 1.215 million during the first half of 2026. This overall growth in report issuance shows the increasing reliance on formal credit information across Jordan. Within the broader credit market, the total number of individual and corporate records maintained by the company rose by 7%, accumulating to around 3.1 million. This expansion in the data repository reflects a more full and strong credit information system. This growth also extended to credit contracts, which increased by 11% to approximately 12.5 million, illustrating a broader expansion of credit agreements across the economy. The number of entities contributing data to the credit information system expanded by 8%, reaching a total of 71 data-providing organizations. The increase in data providers signifies a wider participation and integration of various financial institutions into the national credit reporting framework, enhancing the depth and accuracy of the credit data available.
Digital Services and Application Insights
Reports issued via the “Individuals’ Credit” service on the Sanad application totaled approximately 34,000 during the first half of 2026. This figure represents a 12% decrease when compared with the same period in 2025. This decline in individual credit reports through the service contrasts with other digital credit inquiry trends observed in Jordan, suggesting a potential shift in user preferences or service utilization patterns. The Sanad application facilitates various digital services for accessing credit information, playing a role in the broader digital transformation of financial services within the country. Despite the decline in the "Individuals' Credit" service, the application remains a key player in digital financial access.
In a separate development, the “Individual Credit Risk Score” service, also available through the Sanad application, experienced significant growth. The number of reports generated by this service reached approximately 14,849 during the first half of 2026. This marks a substantial increase of 579% compared to the first six months of the previous year. The surge in demand for individual credit risk scores indicates a growing utilization of advanced digital tools for financial assessments among users in Jordan. This remarkable growth notes a rising awareness and demand for sophisticated credit assessment tools among individuals, enabling them to better understand their financial standing and access credit more effectively. The divergent trends between the "Individuals' Credit" service and the "Individual Credit Risk Score" service on the Sanad application suggest an evolving landscape of digital credit information consumption, with a clear preference emerging for more analytical and predictive tools.
