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Amman, Jordan - During the European Bank for Reconstruction and Development (EBRD)’s annual ceremony held on June 30, 2021, and as part of its Trade Facilitation Programme, Bank al Etihad was awarded “The Most Active Issuing Bank in Jordan in 2020” in recognition of its international trade operations in 2020.
Since the establishment of EBRD’s Trade Facilitation Programme in 1999, the bank and its affiliates worldwide have been working persistently to promote foreign trade between EBRD and its partner banks. Furthermore, the program annually intends on recognizing financial institutions for their operations via prominent international awards.
Despite the uncertainties that Jordan and the world have witnessed since the COVID-19 pandemic, Bank al Etihad’s Financial Institutions and Correspondent Banking unit of the Treasury Department were not discouraged. Instead, they worked determinedly towards securing this award. After passing EBRD’s screening criteria, Bank al Etihad was successfully awarded the Most Active Issuing Bank in Jordan in 2020 for its international trade operations, particularly for supporting international trade and in specific it’s Letter of credits.
The ceremony acknowledged various financial institutions for their outstanding financial standing and operations throughout the past year, addressing their achievements in financial trade, inclusion, and international trades as part of their efforts to restore economic recovery in the wake of the COVID-19 pandemic.
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About Bank al Etihad
Bank al Etihad is a Jordanian banking and financial institution that has been operating for 41 years. We are proud that human and family values are at the heart of our culture and we put the satisfaction of our customers - individuals, entrepreneurs, companies and women - at the forefront of our priorities.
The bank strives to be the leading digital bank in Jordan, prioritizing technology, entrepreneurship and innovation as the key principles of our path towards growth. Bank al Etihad believes that empowering communities can be achieved by investing in digital transformation to enable people from banking on their terms and accessing their money anytime, anywhere.
Bank al Etihad offers a growing network of 53 branches and 125 ATMs that are spread across the Kingdom. The bank also owns a central exchange unit, a financial brokerage company (Etihad Brokerage), a financial leasing company (Etihad Financial Leasing) and a financial technology company. It is a member and a strategic partner of the Board of Directors of the National Bank in Palestine. It also owns 36% of the shares in Safwa Islamic Bank.
© Press Release 2021
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