Native name | بنك الاستثمار العربي الأردني |
---|---|
Company type | Public |
Amman Stock Exchange [1] | |
Industry | Banking |
Founded | 1978 |
Headquarters | |
Key people | |
Products | Current and saving accounts, Personal loans, Overdraft facility, Home loans, Car loans, Credit cards, Term deposits, Funds transfer, Currency exchange, Investment opportunities, Commercial lending, Project and structured finance, Private banking, Asset management, Brokerage, Money markets, Foreign exchange, Capital markets, Commercial lending, Term financing, Project and structured finance, Corporate finance and capital markets |
Total equity | 150,000,000 JD |
Website | www |
The Arab Jordan Investment Bank (AJIB) [2] is a Jordanian bank established in Amman in 1978. [3]
It serves in Jordan, Qatar and Cyprus. It opened its branch in Limassol, Cyprus, in 1989, [4] and in 2006 its Qatari branch was established. [5]
The economy of Jordan is classified as a lower middle income economy. Jordan's GDP per capita rose by 351% in the 1970s, declined 30% in the 1980s, and rose 36% in the 1990s. After King Abdullah II's accession to the throne in 1999, liberal economic policies were introduced. Jordan's economy had been growing at an annual rate of 8% between 1999 and 2008. However, growth has slowed to 2% after the Arab Spring in 2011. The substantial increase of the population, coupled with slowed economic growth and rising public debt led to a worsening of poverty and unemployment in the country. As of 2023, Jordan has a GDP of US$50.85 billion, ranking it 89th worldwide.
The foreign relations of Jordan have been consistently a pro-Western foreign policy.
Amman is the capital and the largest city of Jordan, and the country's economic, political, and cultural center. With a population of four million as of 2021, Amman is Jordan's primate city and is the largest city in the Levant region, the fifth-largest city in the Arab world, and the tenth-largest metropolitan area in the Middle East.
Royal Jordanian Airlines is the flag carrier of Jordan with its head office in the capital, Amman. The airline operates scheduled international services over four continents from its main base at Queen Alia International Airport, with over 500 flights per week and at least 110 daily departures. It joined the Oneworld airline alliance in 2007.
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