THE COMPANY: Jordan Cement Factories (JCF) was established in 1951 and started operations in 1954, making it one of the kingdom’s oldest enterprises. The company had an exclusivity agreement with the government of Jordan until 2001. The company went through a number of milestones, including establishing...
What do you identify as the most promising growth segments for Islamic banking in Jordan?
How are investors assessing the level of political risk in Jordan amid regional instability?
The perennial issue of lending to small and medium-sized enterprises (SMEs) in Jordan is being addressed by a new fund providing long-term financing and institutional support for up to 15 companies with high growth potential, particularly in the technology sector. The nascent private equity industry and conservative banking sector will be all eyes...
THE COMPANY: Bank Al Etihad was established in 1978 and is currently the seventh-largest bank in Jordan in terms of assets. In the year 2011, the bank made the headlines with a major rebranding campaign that relaunched the company’s corporate image and changed its name from Union Bank to Bank Al Etihad....
Having emerged from the global financial crisis in good health, Jordan’s banking sector provided much-needed economic stability through 2011. As the government looked to finance a weak fiscal position, local banks had ample liquidity to provide credit and to maintain levels of lending to the private sector. The sector currently faces challenges in...
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