alrajhi bank Jordan Inaugurates New Headquarters in Amman

Thu,05 September 2024

Al Rajhi Bank Jordan celebrated the grand opening of its new headquarters in the capital city of Amman, under the patronage of the Governor of the Central Bank of Jordan, Dr. Adel Sharkas, and in the presence of a group of senior management from the bank in Saudi Arabia and Jordan, led by the Managing Director and CEO of Al Rajhi Bank, Mr. Waleed Al-Moqbel, as well as a number of the bank's major clients in Jordan.

The opening of the new building in the heart of Amman represents a significant strategic step that underscores the bank’s success in continuous expansion and development. The new building solidifies the bank's journey in Jordan, which began in 2011 with two branches and has now grown to 13 branches spread across various governorates.

On this occasion, the Managing Director and CEO of Al Rajhi Bank, Mr. Waleed Al-Moqbel, expressed his delight at the opening of the headquarters, which represents a significant strategic step to expand the bank's business. He added that this opening coincides with the launch of the bank's new banking system, which confirms the bank's management's commitment to providing the best services to customers and the best possible work environment for employees, ensuring that they achieve the best results.

For his part, the Governor of the Central Bank of Jordan, Dr. Adel Sharkas, congratulated Al Rajhi Bank on the opening of the new building, emphasizing the importance of the role played by the bank in the Jordanian banking market and its provision of innovative and advanced financial and banking solutions that comply with Islamic Sharia law, meeting the needs of its customers effectively and reflecting the bank's keeping pace with the latest developments in this field. Sharkas praised the prestigious position that distinguishes Al Rajhi Bank and its competitiveness in the Jordanian banking sector, which positively reflects on the efficiency of the banking services provided to customers, in particular, and on the confidence of investors in the Jordanian banking sector in the Kingdom, and the Jordanian economy in general.

Sharkas pointed out that the capital adequacy ratio in the Jordanian banking sector is one of the highest in the Middle East and North Africa region, reaching 17.9% at the end of 2023, which confirms the strength of the Jordanian banking sector and its ability to face challenges and difficulties with flexibility and high efficiency.

For his part, the CEO of Al Rajhi Bank in Jordan, Mr. Eyad Jarar, said that this opening is the culmination of the bank's efforts in development and expansion, and a consolidation of its position in the Jordanian market, which is considered a promising and important market for the bank. Jarar also pointed to the recent achievements, which included the opening of three new branches and the launch of the new banking system and application, which includes many innovative services and products.

The new building has been equipped according to international standards to provide the appropriate healthy space for each employee and provide many services for employees, including a cafeteria, training center, data center, customer service center, and multiple meeting rooms on all floors. The building also includes a fully equipped branch.