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Invest Bank P.L.C (Jordan)

Main Activities: Commercial Banking
Full name: Invest Bank P.L.C Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Jordan’s Invest Bank was established in 1982 in Amman under the full name Jordan Investment and Finance Company. The goal of the founders, including affluent businessman Nizar Abdul Rahim Jardaneh, was to provide financing to the various sectors of the national economy, thus achieving both economic and social development. In 1989 the company received an approval by the Central Bank to transform to an investment bank. Since then, the bank has expanded its portfolio of products and services with an emphasis on corporate banking, financing of SMEs, wealth management, personal banking and e-services. The bank has three domestic subsidiaries operating in the field of brokerage, trade finance and leasing, and has set up an affiliate bank in Palestine, the Al Quds Bank for Development and Investment, currently headquartered in Ramallah. The bank performs its investment activities by participation in the establishment of companies dealing with real estate, financial clearing and duty free trade, as well as by foreign fund investment in the Amman Stock Exchange.

Headquarters
Shmeisani - Abdulhamid Sharf St. - Building No. 43, P.O Box 950601
Amman; West Zone; Postal Code: 11195

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Website: http://www.investbank.jo

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1982
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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11.84%
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8.019%
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6.142%
Subsidiaries
Al - Mawared For Financial Brokerage Company
100%
Jordan Factoring
100%
Jordan Trade Facilities (Public Shareholding Company)
97.759%
Company Performance
Financial values in the chart are available after Invest Bank P.L.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net interest income
19.37%
Operating profit (EBIT)
25.78%
Net Profit (Loss) for the Period
24.23%
Total assets
27.15%
Total equity
8.69%
Total Assets Trend
15.68%
Net Interest Income Trend
1.39%
Loans to Deposits Ratio
-6.97%
Loans to Asset Ratio
-1.2%

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