Tuesday 16 September 2014
 
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Investbank

Investbank Q1 net soars to $9.39m

Investbank, a leading bank in Jordan, said its net profit for the first quarter after tax soared to JD6.66 million ($9.39 million) from JD3.07 million during the same period last year. The Amman-based bank said its total equity and liabili

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Investbank launches Visa Platinum card

Jordan-based Investbank has launched its Visa Platinum card, in an effort to provide an extensive array of exclusive financial products and benefits that cater to a select target group. The card offers special privileges and other advantag

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Investbank joins forest protection project

Investbank has signed a MoU with Jordan-based Al-Shajarah Society to rehabilitate, preserve and develop the natural recourse of Beireen Forest in collaboration with the surrounding community and in cooperation with the Ministry of Agriculture.

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Investbank joins forest protection project

Investbank has signed a MoU with Jordan-based Al-Shajarah Society to rehabilitate, preserve and develop the natural recourse of Beireen Forest in collaboration with the surrounding community and in cooperation with the Ministry of Agriculture.

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InvestBank raises capital

In a bid to increase its capital to reach JD100 million ($141.18 million), InvestBank recently offered 14,750,000 shares in a private placement to its current shareholders with each share valued at JD1 ($1.41), by which 95 percent of the shares we

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InvestBank opens trade finance subsidiary

InvestBank has opened a second subsidiary named Al Imdad, which is specialised in trade financing and supply chain logistics for traders and manufacturers. Mohamad Shahin, Al Imdad CEO, said: “The company targets SMEs, in the trading and m

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Investbank, Zain Jordan ink connectivity deal

Investbank and Zain Jordan signed a cooperation agreement in which Zain will provide advanced solutions to connect Investbank’s headquarters located in Shmeisani with its branches across the Kingdom. The agreement which took place at Inves

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Investbank to install new Oracle service

Jordan-based Investbank has joined forces with Savvytek, a global provider of IT solutions, to implement the Oracle E-Business Suite (EBS) applications version R12. This version consists of Oracle Financials (general ledger, accounts payab

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Investbank moves to new HQ

Investbank, a leading bank in Jordan, recently moved its headquarter offices and Shmeisani branch to a new location in the Shmeisani area. The nine-storey building, located on Abdul Hamid Sharaf Street, covers an area of 9000 sq m.

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CI affirms stable outlook for Investbank

Capital Intelligence (CI), the international credit rating agency, has affirmed stable outlook for Jordan-based Investbank. CI has affirmed the bank's long term and short term foreign currency ratings of “BB” and “B” respectively. Thes

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