Jordan Kuwait Bank (JKB), a Jordanian public shareholding company, was founded in 1976 and has successfully evolved in to a major player in the Jordanian banking system over the last few years. The Bank currently operates a domestic network of 50 branches and offices distributed throughout Jordan in addition to two branches in Palestine and a branch (IBU) in Cyprus.
JKB was the first bank in Jordan to launch Internet banking and many other electronic delivery channels. Its hi-tech infrastructure, e-branches, widely spread ATMs, efficient e-banking products and services, Internet banking facilities that provide access to external payment systems; all topped with a unique customer- friendly atmosphere, have enabled the Bank to further enhance its image as the best client-focused bank in Jordan and substantiated its slogan: “More than just a bank”.
JKB’s management is well-regarded and clear business strategies are in place aimed at further enhancing the bank’s position within the local market. Profitability has significantly improved in recent years producing some of the highest returns in the local market. JKB’s financial strength rating is set to BBB+ reflecting the bank’s improving financial ratios.
JKB management capitalizes on the strong business and ownership relations with (KIPCO) and its banking arm, Burgan Bank Group. It also capitalizes on the Bank’s capabilities to provide services that encompass commercial and investment banking in addition to other business-related services (brokerage and insurance).
Jordan Kuwait Bank is committed to achieving the best results and the highest growth rates year after year, it shall remain the trusted partner and adviser to all its clients extending expertise and providing assistance at all times. It shall not spare any effort to support promising sectors of the economy and genuine investment projects that have long term prospects and contribute towards the prosperity of Jordan.
In the year 2005, JKB was awarded “Best Bank in Jordan 2005” Award and “World’s Best Internet Bank” Award by “Global Finance Magazine”. Recently, the Bank received the Banker Magazine’s “Bank of the Year 2010, Jordan” Award. The Magazine had selected the Bank for the same Award in 2006 and 2007.