INVESTBANK \u2013 the leading bank in providing innovative solutions \u2013 announced the signing of an agreement with the Arab Fund for Economic and Social Development (AFESD) to provide JOD 10 million in trade finance lending, marking the first initiative of its kind in the region. The objective is to support the flow of essential goods and services within and beyond Jordan, while promoting private sector growth.<\/p>\n\n\n\n
The new funding will provide liquidity to the bank\u2019s clients, enabling them to expand their businesses, improve cash flow, and manage trade risks more efficiently. This comes as part of AFESD\u2019s strategy, which focuses on business lending and supporting the private sector in member states.<\/p>\n\n\n\n
This partnership reflects INVESTBANK\u2019s ongoing commitment to supporting Jordan\u2019s economy by empowering the private sector, enhancing companies\u2019 capabilities, and creating new growth opportunities within the Kingdom.<\/p>\n\n\n\n
INVESTBANK\u2019s CEO, Muntaser Dawwas, stated: \u201cThis funding will enable us to strengthen support for our clients and help them expand their businesses, reduce risks, and benefit from trade opportunities on both a local and international level, which will positively reflect on Jordan\u2019s economy.\u201d<\/p>\n\n\n\n
The financial solutions will benefit numerous sectors, including agriculture, technology, healthcare, education, and transportation \u2014 all of which contribute to enhancing trade between Jordan and Arab countries and opening new markets for Jordanian companies.<\/p>\n\n\n\n
Chairman of AFESD, Badr Al Saad, stated: \u201cThis partnership aligns with our strategy to support financial sustainability and provide innovative financial solutions. Through working with innovative groups such as INVESTBANK, we can maintain local company growth and enhance the financial sector in Jordan.\u201d<\/p>\n\n\n\n
This is the second partnership of its kind between the Arab Fund for Economic and Social Development and INVESTBANK. The agreement was signed in 2024, following a previous collaboration through the Badir Fund, which provided JD 20 million to support small and medium businesses. That initiative helped fund 600 small businesses and foster local economic communities.<\/p>\n","protected":false},"excerpt":{"rendered":"
INVESTBANK \u2013 the leading bank in providing innovative solutions \u2013 announced the signing of an agreement with the Arab Fund for Economic and Social Development (AFESD) to provide JOD 10 million in trade finance lending, marking the first initiative of its kind in the region. The objective is to support the flow of essential goods […]<\/p>\n","protected":false},"author":1,"featured_media":241395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-246262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts\/246262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/comments?post=246262"}],"version-history":[{"count":2,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts\/246262\/revisions"}],"predecessor-version":[{"id":246277,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts\/246262\/revisions\/246277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/media\/241395"}],"wp:attachment":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/media?parent=246262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/categories?post=246262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/tags?post=246262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}