For the purpose of offering all the banking services for the members of the association, JIB and JPA signed a memorandum of understanding for presenting facilities to the members of the JPA.
MOU was signed by Mr. Musa Shihadeh, Vice Chairman & General Manager, on behalf of Jib and by Dr. Taher R. Shakhshir, Head of the association, on behalf of JPA. Mr. Shihadeh declared that this event comes as a part of the Bank's course to enhance its role in supporting the national economy including all the society's categories. The presented facilities include Lease ending-in-ownership with a competitive price, Murabaha financing for buying (autos, furniture, real estate), e-banking, SMS, and the Mutual Insurance Fund to the Purchase Orderer of the Murabaha transaction.
It is worth mentioning that another MOU was signed during this year with Agricultural Engineers Union offering the same facilities.