Emeafinance Names JIB Best Islamic Bank in Jordan for 2017

Jordan Islamic Bank (JIB) won the Best Islamic Bank in Jordan for 2017 for the fifth year in a row from the London-based EMEA Finance magazine, in recognition of the efforts of leading banks, financial and Islamic institutions in Europe. , the Middle East and Africa region by assessing their performance in the retail banking, investment banking, asset management and governance sectors. On the basis of the criteria and standards adopted for selecting JIB for the award, the CEO of EMEA Finance, Christopher Moore said “the conditions for awarding the award were fulfilled at the Jordan Islamic Bank .It maintained its leading position in the Islamic banking sector despite the difficult conditions in Jordan, its sound and sustainable strategy, and the good and wise management that enabled the Bank to obtain credit ratings such as Standard and Poors which affirmed Jordan Islamic Bank’s ‘BB-’ long term and ‘B’ short term counterparty credit ratings during the year , "The bank has been able to increase its market share of financings and deposits from 11% to 13% respectively, with the growth of its branch network and offices in 2017 to reach 100 branches and offices to serve all citizens in and we expect the bank to continue to grow and expand its Islamic banking services." Mr. Musa Shihadeh, General  Manager of Jordan Islamic Bank, praised the efforts of the Bank's executive management and employees to achieve the Bank's strategy of maintaining a distinguished banking position and achieving good results and  continues to win more awards and remains at the forefront reinforcing its role in serving the national economy and the community, making more efforts to stay in the lead always. Mr. Ahmed Abdul Karim, Public Relations Manager of JIB  , received the award at the EMEA Finance Awards ceremony held in Dubai on 28/2/2018. The Bank has also been named the Best Islamic Bank in the Middle East for 2015 and the Middle East Corporate Responsibility Award 2014.