INVESTBANK’s General Assembly held an extraordinary meeting on Monday, July 29, 2024, presided over by the bank’s Chairman, Fahmi Abu Khadra. The assembly was well-attended by board members and shareholders who collectively hold 90.362% of the bank's shares. The meeting also saw the participation of the head of the companies control department and a representative from the Central Bank of Jordan.

During the meeting, the General Assembly approved an increase in the bank’s net profits from JOD 100 million to JOD 125 million. This increase will be facilitated through a private placement at a price of JOD 1 per share for shareholders registered in the bank’s records.

Chairman Fahmi Abu Khadra commented on the profit increase, stating, “INVESTBANK’s significant growth in net profits aligns with our strategic goals to enhance the bank’s financial capabilities and address market demands. This development enables us to broaden our range of advanced financial services and better meet our clients' evolving needs. Moreover, the augmentation of our capital will boost our capacity to seize new market opportunities and fortify the local economy. We remain dedicated to our role as a leading national entity in the financial sector, continually aiming to offer added value to our shareholders and customers by integrating the latest in banking technology and delivering comprehensive financial solutions.”