Bank of Jordan is a pioneering bank that was established in Jordan in 1960. Since then and over 46 years, the bank adopted the sustainable development and improvement approach for all its financial and banking activities and aspects. The bank escorted the accelerating developments witnessed by the Banking Industry over the five past decades both nationally and internationally. Since it was established, the bank participated in enhancing the investment movement, and the economic development in Jordan through offering comprehensive banking products and services that fulfill the clients' needs and requirements of all categories including individuals, corporate and institutions. It also effectively participated in the national development projects and in the private sector projects.
Today, Bank of Jordan is among the four major pioneering local banks with a capital of JD 100 million, assets amounting to JD 1456 million and shareholders' equity amounting to JD 161 million at the end of the of 2007. The bank also has various distribution channels that include 82 branches and offices, and 90 ATMs in Jordan and Palestine. This in combination with the Electronic Distribution Channels that include IVR, Internet Banking, Mobile Banking and SMS service.
The bank piled-up achievements were the result of the sound management approach, the comprehensive strategic methodologies, the long-term perspective that imitates the future with all its dimensions and gets along with the accelerating developments in the banking industry. Hence, the bank implemented number of strategic development projects, improved the service, information and technology infrastructure to enhance its competitive and pioneering position so as to provide high-quality services and best alternatives to clients and to orient the bank resources and capabilities to the high progress year by year. The bank also implemented and led a number of syndicated loans and signed a number of agreements with national and international parties to best fit its products and services with the existing clients' requirements and to be in a more attractive position for an increasing number of clients.
Moving forward with the Bank's strategic approach which enhances the relationships, and partnerships in various sectors and provides high-quality services; the Bank improved and qualified its human resources with the most up-to-date technologies so as to promote their capabilities. Hence, bank employees increased to more than 1600 with different specializations and expertise. The bank was also keen to spread its message and role in serving the local community through implementing a number of care and support projects for various economic, charitable, scientific and humanitarian activities. |
