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Jordanian expatriates’ remittances increased by 1.5 per cent in 2022 compared with the previous year, reaching a total $3.452 billion.
The figure constitutes 93.1 per cent of pre-pandemic remittance levels recorded in 2019, according to data from the Central Bank of Jordan (CBJ) released on Wednesday.
On a monthly scale, CBJ figures from December 2022 showed that Jordanian remittances increased by 6.7 per cent compared with the same period of 2021, reaching $319.3 million, the Jordan News Agency, Petra, reported

Lejion Media Explores Lucrative Money Transfer Market Potential in Amman, Jordan

Lejion Media, a prominent player in the global financial services industry, recently embarked on an exploratory journey to Amman, Jordan, to assess the market potential for the African corridor. The company’s CEO, Mr. Fareed Jillani, led a delegation that engaged in productive meetings with numerous money transfer companies in the region.

The purpose of Lejion Media’s visit was to gain a comprehensive understanding of the market dynamics, particularly with a focus on Kenya, Ethiopia, and Uganda. The meetings with local money transfer companies unveiled a vast and untapped market, brimming with opportunities for expansion and growth.

Furthermore, Lejion Media discovered significant transaction volumes within the Egyptian and Saudi Arabian corridors, indicating immense potential for further market penetration. Recognizing the possibilities within these corridors, the company aims to capitalize on emerging trends and forge strategic partnerships to foster greater financial inclusivity.

As a testament to Lejion Media’s commitment to establishing a strong presence in the Jordanian market, Mr. Fareed Jillani was cordially invited by the Central Bank of Jordan. During the meeting, both parties discussed the prevailing regulatory framework and explored avenues through which new companies can benefit from the burgeoning Jordanian market. The collaboration seeks to promote a favorable environment for financial services providers, facilitating their entry and growth.

While pursuing these business opportunities, Lejion Media also took the time to immerse itself in the cultural and natural wonders of Jordan. Among the highlights of their journey was a visit to the mesmerizing Petra, an archaeological marvel known for its enchanting beauty. The experience left a lasting impression on the team, further cementing their enthusiasm for the region.

Lejion Media’s foray into Amman, Jordan, represents a pivotal step in its global expansion strategy. The company’s unwavering commitment to understanding market nuances, complying with regulations, and forming strategic alliances ensures that it remains at the forefront of the financial services industry.

About Lejion Media:

Lejion Media is a prominent financial services provider with a global presence, committed to revolutionizing the industry through innovative solutions. With a focus on money transfers, the company aims to bridge gaps, foster financial inclusivity, and enable seamless transactions across borders. Lejion Media’s dedication to customer satisfaction and technological advancement has established it as a trusted partner in the financial landscape

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