The Housing Bank announced the signing of Interbank Credit Facility Agreement with the Export Import Bank of Korea (KEXIM). The agreement was signed by Micheal Marto, chairman and Yongwan Kim, chairman of KEXIM at the headquarters of the general management of the Housing Bank.
It should be noted that the Housing Bank is the 1st bank in Jordan to sign this agreement and the 6th in the Middle East after the Turkish banks.
On this occasion, Marto noted that the Housing Bank aspires through signing agreements with banking institutions of international standing to provide a unique service for various economic sectors in Jordan. The signing of this agreement will contribute to the facilitation of trade exchange between Jordan and Korea, and opens new opportunities in providing full banking services to meet the needs of customers who are in trade relations with Korean institutions and facilitating their commercial transactions with Korea.
From his part, Kim expressed his thanks to the Housing Bank, by pride in signing this agreement with him, as the Bank is a leading position at local, regional and international banking level, especially that the Housing Bank is the first bank in Jordan to sign this agreement, with emphasis of KEXIm's pursuit to bring this agreement into force at the earliest opportunity in a manner that fulfill the aspirations and wishes of the Housing Bank and its customers.
It is worth noted in this regard that the Housing Bank provides comprehensive commercial banking services, and owns the largest network for banking services through 117 branches and 200 ATMs. The Bank's capital is JD 252 million, and shareholders' equity over JD 1 billion. The Bank has a distinguished presence at local, regional and international levels, as having excellent reputation supported by high financial solvency and strength in its capital base. The Bank holds for many years the center stage in Jordan with a number of KPIs.
Also, KEXIM has activity in more than 46 countries worldwide, including Japan, USA, Germany, China, UK, Australia and India, through commercial transactions with a size exceeding US$ 5 billion. KEXIM seeks to expand in dealing with banks operating in MENA.