Banks in Jordan have an important role to play in boosting the country's economy. Jordan is becoming an important economy in the Middle Easand various Banks are opening their branches much to the delight of local people.
A large number of Nationalized and Private banks have joined the fray to open units in Jordan. Some of the popular
Banks in Jordan that have already started their operations or on the verge of playing their parts in streamlining the Country's economy are
Jordan Kuwait Bank,
Bank Of Jordan,
Citi Bank in Jordan, and Cairo Amman Bank.
Bank Of Jordan:
Bank of Jordan is one of the biggest contributors in sustaining the growth of the country's economy. Bank of Jordan falls under the pioneering class. It was established in 1960. Since then the Bank of Jordan is still holding Jordan's financial and banking activities together. It is a major contributor for resurrection of the country's economy.
Bank of Jordan, being one of the four pioneering local Banks ,it is leading the country from the front.
Bank of Jordan raised its capital worth JD 100million. Its assets touched to JD 1.4 billion and shareholders' equity pegged at JD 140.4 million at the end of third quarter of 2006. This statistics took the country to a new high in terms of sustainable growth of the country.
The products and services rendered by the
Bank of Jordan is said to be path -breaking and people- friendly. Its facilities include products and services of credit accounts and deposits, current accounts, saving accounts, time deposit accounts as well as cash collateral in Jordanian Dinars and different foreign currencies.
Citi Bank in Jordan is another major contributor among the
Banks in Jordan. With Mobile service at the fingertips now,
Citi Bank in Jordan has created a record in selling Citi Mobile services.
Citi Mobile is a unique and most suitable way to transact business at any time without causing any inconvenience to the customers.
