Shamsi S. Bawaneh
To analyze the impact of regulations and competition on the housing bank (HB) in different economic phases in Jordan. Qualitative design is used following a case study approach for analyzing the housing bank in Jordan from 1976 to 1994. In the Boom phase (1976 to 1983), the economy of Jordan was centralized, deregulated and expanded probing competition. In the recession phase (1984 to 1990), economic growth was slow, where the financial crisis occurred constituting a more regulated and competitive local economy. HB adopted a decentralized structure, where the accounting practices were minimal. Even though the production declined, it showed relatively effective financial returns. In the recovery phase (1991 to 1994), the competition and supervision of HB increased. HB provided complete banking services, increasing organizational coordination, and minimal use of accounting data. It also showed declining financial results. External environment of the country impacts bank performance and its structure.