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Jordan Kuwait Bank (JOKB)

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Quickly burning through cash
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52 wk Range
2.50 / 2.53
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Jordan Kuwait Bank Company Profile

Jordan Kuwait Bank, together with its subsidiaries, provides banking products and services individual and institutional customers. It offers various accounts, such as savings, current, basic bank, and fixed deposit accounts, as well as certificates of deposit; loans, including personal, car, housing, army, and office and clinic loans, as well as personal loans against mortgage and for medical doctors; credit, debit, and prepaid cards; life and general insurance services; and other services, such as dividend disbursement, western union money transfer, safe store auto, safe deposit boxes, remittance, and direct debit services. The company also provides direct loans and lines of credit, including working capital and fixed asset financing, discounted loans, L/C financing, export financing, real estate financing, project financing, and overdraft facilities; bills for collection, letters of guarantee, import and export letters of credit, and finance leasing; POS; loan guarantee programs, CBJ financing programs, EIB programs, women loans, and other programs, such as markabati, tourism loan, and startup loan; craftsmen and professionals services; and energy efficiency, renewable energy project financing, and medical product services. In addition, it offers brokerage, Sharia compliant products, ETFs, mutual funds, equity, fixed income, portfolio and asset management, and wealth planning. Further, the company provides treasury services, including foreign exchange, margin trading, financial derivatives, money market and capital market, investment, and financial institutions and international banking services, as well as digital services. The company was incorporated in 1976 and is headquartered in Amman, Jordan. Jordan Kuwait Bank operates as a subsidiary of Al Rawabi United Holding Company K.S.C.C. (Holding).

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