Tag: Central Bank of Jordan

Home » Central Bank of Jordan
IMF Disburses Over $830 Million to Jordan to Support Economic Program
Post
26.06.202526.06.2025Economy

IMF Disburses Over $830 Million to Jordan to Support Economic Program

by

The International Monetary Fund (IMF) has disbursed $834 million to Jordan in two tranches to aid the country’s economic initiatives. This funding includes an immediate access of $134 million following the completion of the third review of Jordan’s External Fund Facility (EFF), which supports Amman’s economic program. Additionally, the IMF approved an extra $700 million...

Bank al Etihad Acquires Investbank in Major Merger Deal
Post
16.05.202516.05.2025Banking

Bank al Etihad Acquires Investbank in Major Merger Deal

by

Jordan’s Bank al Etihad has finalized the acquisition of smaller peer Investbank, creating one of the largest lending institutions in the kingdom, according to bank officials on Thursday. The boards of both banks have approved a stock-for-stock acquisition that results in a combined entity with a total equity value exceeding $1.4 billion. Bank al Etihad...