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Bank al Etihad provides banking services in Jordan for individuals and businesses, including credit/debit cards, online and offline shopping, and ATM access. Customers use cards for purchases, with Siri enabling hands-free, voice-activated transactions, and the Shorouq Banking program offering services tailored to women. The bank differentiates itself with voice-assisted banking, a women-focused program, and a broad suite of services alongside emphasis on employee development and community involvement. Its goal is to deliver accessible, comprehensive financial services in Jordan while growing revenue from loans, fees, and transaction commissions.
Industries
Financial Services
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$25M
Headquarters
Amman, Jordan
Founded
1978
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Total Funding
$25M
Above
Industry Average
Funded Over
1 Rounds
The European Bank for Reconstruction and Development is providing a $25 million subordinated loan to Bank al Etihad, one of Jordan's leading commercial banks. The financing will bolster the bank's Tier 2 capital under Basel III requirements, enabling expanded lending across Jordan. At least 60% of the funds will support green investments focused on climate change mitigation, adaptation, and sustainable development. The remaining 40% will back micro, small, and medium-sized enterprises, including women- and youth-led businesses and companies in underserved regions. This marks the EBRD's fourth subordinated loan to Bank al Etihad since their partnership began in 2015. Since 2012, the EBRD has invested over €2.3 billion through 86 projects in Jordan, with approximately 70% supporting the private sector.
Monday, march 16, 2026. Al Etihad Bank B.S.C. (closed), the Islamic retail bank headquartered in Bahrain, announced its plans to expand its branch network while continuing to provide all its banking services to corporate clients with the same efficiency and effectiveness to meet their needs flexibly and securely amid the current events unfolding in the region. The CEO of Al Etihad Bank, Mr. Maysan Al-Masqati, said: 'Al Etihad Bank continues to operate at full capacity to provide services to its corporate clients. The bank has demonstrated its ability and flexibility to continue offering its banking services to all clients under all circumstances.' Mr. Al-Masqati added: 'In 2026, Al Etihad Bank aims to work on a plan to expand its network by opening new branches across various parts of Bahrain to ensure easy access to all its banking services. This decision came after a detailed study that revealed the growing need of the expanding corporate client base for the banking services provided by the bank.' He further stated: 'Al Etihad Bank continues to operate in accordance with the directives of the Central Bank of Bahrain to ensure the continuity of providing its banking services to clients through its various channels while ensuring the safety of its operational processes. This reflects the bank's commitment to maintaining the highest levels of efficiency and best practices. We also affirm the bank's readiness and full preparedness to support all its clients and provide them with all banking and financial services.' Read also:
Bank al Etihad and INVESTBANK have received shareholder approval for a landmark merger, the largest in Jordan's banking history. Bank al Etihad will acquire 100% of INVESTBANK in a share-based transaction, raising its capital to JOD 325.2 million. The merger, subject to regulatory approval, will create a bank with total assets of approximately JOD 11 billion and shareholders' equity exceeding JOD 1 billion. The integration aims to enhance efficiency and service quality.
Bank al Etihad is excited to announce a new partnership with ecolytiq (a Berlin-based fintech providing sustainability-focused solutions to financial institutions) and Visa, a world leader in digital payments, to introduce a carbon insights tool within its mobile banking app, reinforcing the bank's commitment to promoting sustainability through digital innovation.
The CFI.co judging panel presents Bank al Etihad with the 2023 Best SME Growth Bank (Middle East) award.
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Industries
Financial Services
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$25M
Headquarters
Amman, Jordan
Founded
1978
Find jobs on Simplify and start your career today