Bank of Jordan plans 20% Saudi assets

Al Jordanian Bank aims to develop a portfolio in the Saudi market accounting for approximately 20% of its total assets of 20 billion riyals during the initial phase of its expansion into the Kingdom. The bank opened its first branch in Riyadh, with plans to expand its presence to the Eastern and Western regions, focusing on small, medium, and large corporate sectors. The bank depends on offering comprehensive banking solutions, emphasizing the importance of establishing strategic relationships with local companies and strengthening partnerships with institutions supporting this sector, with the goal of achieving sustainable growth in the Saudi market and leveraging the capabilities of the bank's regional network.

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