Arab Jordan Investment Bank Profile and Financials

The Arab Jordan Investment Bank (AJIB) is a leading bank in Jordan, established in 1973 with a paid-up capital of 100 million Jordanian dinars.

AJIB has a strong presence in the Jordanian market, with a network of 17 branches and over 300 employees.

The bank offers a wide range of financial services, including corporate and personal banking, treasury services, and investment services.

AJIB has a long history of innovation and has been at the forefront of introducing new banking products and services to the market.

AJIB has been on a journey of excellence and leadership for over four decades, making it one of the leading investment and commercial institutions in Jordan.

The bank has a strong commitment to customer satisfaction, providing innovative services and state-of-the-art products to meet the needs of individuals, SMEs, and corporations.

With a vast expertise in investment banking, AJIB plays a pivotal role in the region's banking investment scene, offering a wide range of integrated banking and investment services.

The bank has a comprehensive network of branches located in all major locations in the Hashemite Kingdom of Jordan, and an advanced network of over 1000 ATMs as part of the national network (JONET).

For more than four decades, AJIB has been on a journey of excellence and leadership, becoming one of the leading investment and commercial institutions in Jordan.

The bank provides a range of innovative services and state-of-the-art products that meet the needs of all its clients, whether individuals, SMEs or corporations.

AJIB continuously develops and updates its human resources, providing the latest technologies, best practices, and business mechanisms in response to growing customer needs.

Today, AJIB plays a pivotal role in the region's banking investment scene due to its vast expertise in investment banking and innovative products and solutions.

The bank offers its clients a wide range of integrated banking and investment services, including mergers and acquisitions, investment services, and loan and project financing.

AJIB welcomes its valued customers through its comprehensive network of branches located in all major locations in Jordan and a network of over 1000 ATMs.

The bank has a significant presence in the region, with a branch in Limassol, Cyprus, and a subsidiary in Qatar, providing advanced banking and investment services.

AJIB also provides brokerage services for the Amman Stock Exchange through its subsidiary, the United Arab Jordan Investment and Financial Brokerage Company.

The Jordan International Bank is an affiliate of AJIB since 2010, operating from its UK headquarters in London and offering a range of banking and investment services.

AJIB is a financial entity that provides end-of-day quotes for Amman S.E. and other stock markets.

The end-of-day quote for Amman S.E. is 1.350.

AJIB also tracks the 5-day change in stock market values, which is 0.00% as of January 6, 2025.

On January 1, 2025, there was a 0.00% change in the stock market value.

The 1st Jan Change is not provided, but there was a +3.85% change in the stock market value.

The Arab Jordan Investment Bank (AJIB) is a Jordanian bank established in Amman in 1978. It has been around for 47 years.

AJIB serves in three countries: Jordan, Qatar, and Cyprus. It has a branch in Limassol, Cyprus, which was opened in 1989.

The bank offers a wide range of products and services, including current and saving accounts, personal loans, and investment opportunities. Its products are designed to cater to various needs.

Here's an overview of the bank's key products and services:

AJIB is a public company listed on the Amman Stock Exchange. Its total equity is 150,000,000 JD.

Arab Jordan Investment Bank has a strong financial foundation, with a total of 7 branches across the country.

The bank's financials are well-managed, with a total asset value of JD 3.6 billion.

Their capital adequacy ratio is 16.5%, exceeding the regulatory requirement.

The bank's net profit has consistently increased over the years, reaching JD 35.6 million in 2020.

Their return on equity (ROE) is 11.5%, a testament to their efficient operations.

The bank's financial performance is stable, with a low non-performing loan ratio of 2.5%.

Arab Jordan Investment Bank has reported its earnings results for the third quarter and nine months ended September 30, 2024. This was announced on October 31, 2024.

The bank has also completed the acquisition of the business of Standard Chartered in the Hashemite Kingdom of Jordan, which was finalized on August 9, 2023.

Arab Jordan Investment Bank entered into an agreement to acquire the business of Standard Chartered in Jordan on March 25, 2023. This move marked a significant expansion of the bank's operations in the region.

Here are the key dates related to the bank's earnings and major acquisitions:

Arab Jordan Investment Bank has also issued several press releases in 2024, including one on November 19, 2024, and another on October 7, 2024.

The Arab Jordan Investment Bank has a strong leadership team in place.

Naser Naji Al-Trawneah serves as the CEO, bringing a wealth of experience to the role. He is 61 years old.

Raed Rawhi Iskandar Al Musays is the Director of Finance/CFO, responsible for overseeing the bank's financial operations. He is 46 years old.

Nevin Yahya Najeeb Al Rousan is the Compliance Officer, ensuring that the bank operates within regulatory guidelines. She is also 46 years old.

The bank's Chairman is Hani Al-Qadi, who has been in the role since 2017. He is 63 years old.

Mohammad Sharif Ali Sharif Al-Zoubi and Fahad Abdullah Al-Haqbani serve as Directors/Board Members, contributing their expertise to the bank's decision-making process.