Bank Of Kuwait Jordan Is A Jordanian Publicly Held Company Established In 1976 That Has Successfully Developed Over The Past Few Years Into A Major Player In The Jordanian Banking System. The Bank Currently Operates A Domestic Network Of 62 Branches And Offices Throughout Jordan, In Addition To A Branch In Cyprus. The Bank's Paid-in Capital Has Gradually Increased From 5 Million JD In 1976 To 100 Million JD ($141m) In 2008. According To The Bank's Website, Its Philosophy Is Based On The Idea Of Bringing Capital Into Jordan From Other Arab Countries, Especially Kuwait.
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Bank Of Kuwait Jordan Holds A Controlling Stake Of More Than 50% In United Financial Investment Company (Jordan) And A 10% Stake In Gulf Bank Algeria.
In 2018, It Acquired A 10% Stake In Al Quds Bank. Following The Completion Of The Transaction, Bank Of Kuwait Jordan's Palestinian Branch Was Merged With Al Quds Bank.
