July 2016

Reopening of Jordan Kuwait Bank’s branch in Limassol

Under the patronage of the president of the Republic of Cyprus, Mr. Nicos Anastasiades, Jordan Kuwait Bank (JKB) celebrated the grand reopening of the Cyprus Branch in Limassol and its 15^th anniversary in Cyprus on Friday May 27, 2016. A reception was held at the newly relocated branch followed by a gala dinner at the Four Seasons Hotel attended by Mr. Harris Georgiades, the minister of Finance, representing the President, Mrs. Chrystalla Georghadji, the Governor of the Central Bank of Cyprus, Mr. Abdel Karim Kabariti, Chairman of JKB’s Board of Directors, Mr. Faisal Al-Ayyar, KIPCO’s Executive Vice Chairman, members of the Board of Directors and members of the Bank’s executive management. Also in attendance were government officials and dignitaries representing Jordan, Cyprus and Kuwait.

During the gala dinner held later that evening, Mr. Harris Georgiades welcomed the Bank’s honorable guests, pointing out the strong and historical bilateral relations between both countries and the importance of Jordan Kuwait Bank’s presence in Cyprus. His Excellency congratulated JKB on its achievements and excellent results over 40 years and for establishing strong credentials based on credibility and reliability, and sharing one common vision.

He stressed that the government and the authorities of Cyprus will continue to work hard in order to ensure that Cyprus remains a stable, safe and attractive destination for business economic activity and investment.

Mr. Kabariti spoke at the gala dinner and expressed his gratitude and appreciation to the president of the Republic of Cyprus for accepting the Bank’s invitation to hold the events under his honorable patronage; demonstrating the good relations that Jordan and Cyprus enjoy. He also paid tribute to Mr. Georgiades for delivering an impressive turn around in the Cypriot economy during the recent years under the leadership of President Anastasiades. Moreover, Mr. Kabariti thanked Mrs. Georghadji for the Central Bank of Cyprus’ support of Jordan Kuwait Bank in Particular, praising CBC’s tireless efforts in strengthening the resilience and flexibility of the Cypriot economy and its financial sector.

Mr. Kabariti took this opportunity to also express his gratitude to the Bank’s strategic partners – KIPCO, Jordan Social Security, and Fairfax Financial Holdings for their continued support and attention to the interests of Jordan Kuwait Bank and its stakeholders, the Bank’s management and employees for their efforts and contributions towards achieving the Bank’s goals and improving its performance year after year, and the Bank’s customers for their ongoing trust in the Bank’s services.

Earlier in the day, and during the ribbon cutting ceremony at the branch, Mr. Haethum Buttikhi, Head of Retail and Private Banking and Director of Cyprus Branch, welcomed the honorable guests during the reception stating that JKB Cyprus branch is committed to offering a range of products and services to meet the customers’ foreign banking needs as well as serve international companies with regards to their commercial and trade relations.

Established in 1976, JKB is a Jordanian banking institution which offers global services assured with high quality and professionalism, taking full advantage of the Bank’s advanced technological capabilities and its staff efficiency to render qualified services to customers. JKB is regarded as a trendsetter in terms of growth ratios, performance measures and financial indicators within the local banking sector and has become a well-established, highly prestigious and deeply rooted banking institution, boasting a network of more than 60 branches strategically located throughout Jordan, four branches in Palestine and a branch in Cyprus, enabling the Bank’s clients to carry out all their financial transactions inside and outside of Jordan swiftly, efficiently and with the highest levels of quality.