Date : Jan 19, 2025
Jordan Islamic Bank announced the launch of a new phase of institutional work at the beginning of 2025 by starting to implement its strategic plan for the years (2025-2029) with an ambitious vision based on creativity and innovation entitled "Leadership in Islamic banking based on trust and innovation" which is based on essential values and constants, the most important of which is "customer first", by re-crystallizing the bank's message in line with the basic pillars of the strategy represented in "providing innovative Islamic financial solutions that provide a distinctive customer experience covering all stages of life with the best digital technologies, which enhances financial inclusion and leaves a positive impact on society."
On this occasion, Mr. Abdullah Al-Howaish, Chairman of the Board of Directors of Jordan Islamic Bank, said: “In embodiment of the ambitions of our bank’s board of directors and our firm belief in our bank’s ability to achieve the best and support our clients with the highest levels of performance, and based on our slogan “Partners in Achievement”, the launch of our bank’s strategic plan for the next five years 2025-2029 came to serve as a roadmap for a more advanced future in the work of Jordan Islamic Bank, keeping pace with modern developments and transforming challenges into opportunities for growth and prosperity.”
Dr. Hussein Said, CEO of Jordan Islamic Bank, stressed the bank's keenness to ensure that its strategy is consistent with the Kingdom's economic modernization vision and compatible with the national strategies and initiatives launched by the Central Bank of Jordan in terms of financial inclusion, green financing, digital payments, and financing and support programs for small and medium enterprises. The strategy's directions focus on developing information technology, enhancing digital transformation, activating process engineering and improving operational efficiency, modernizing and unifying branch services, in addition to developing innovative services and products, expanding customer segments and improving their experience, leading to expansion in neighboring markets and developing the institutional culture and brand.
Dr. Hussein Said explained that the strategy was developed according to the best methodologies based on conducting an accurate and detailed analysis of the external and internal environment and diagnosing strengths, weaknesses, opportunities and challenges to determine directions in launching initiatives that keep pace with the developments and changes witnessed by the banking arena to contribute to consolidating our bank’s position in the Jordanian banking sector, enhancing its competitive capabilities and increasing its market share, in addition to achieving balanced returns for shareholders and investment account holders and improving employee satisfaction as the main element in the success of the strategy’s objectives.
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