Arab Jordan Investment Bank provides commercial banking services to individuals, SMEs, or corporations in Jordan and internationally. It operates through Individual Accounts, Institutions and Corporate, Treasury, and Institutional Financing segments. The company offers current, demand, savings, and time deposit accounts. It also provides personal, trade, and housing loans; and overdrafts, revolving commercial loans, term loans, asset-backed facilities, syndicated loans, forwards, options, futures, trade finance facilities/transactional banking, and online banking services. In addition, the company provides safe deposit box, postdated cheque, cheque book, certified cheque, sweeping and cash pooling wealth management, transfer, and trade finance services; treasury, VIP banking, and financial planning services; letters of credit, letters of guarantee, and bills for collection; bancassurance services; and debit and credit cards. Further, the company offers investment banking services, such as mergers, acquisitions, and leverage buyouts; insurance; financial advisory, private banking, IPOs and fundraising, escrow accounts, and project and specialized finance. The company operates through a network of multiple branches and offices in Jordan and Cyprus. Arab Jordan Investment Bank was incorporated in 1978 and is headquartered in Amman, Jordan.
Metrics to compare | AJIB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipAJIBPeersSector | |
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P/E Ratio | 11.8x | 8.8x | 8.7x | |
PEG Ratio | −0.93 | 0.07 | 0.03 | |
Price/Book | 0.9x | 0.7x | 1.0x | |
Price / LTM Sales | 3.0x | 1.9x | 2.7x | |
Upside (Analyst Target) | - | 16.7% | 13.7% | |
Fair Value Upside | Unlock | −2.2% | 2.6% | Unlock |