jordan pulse -

Jordan Kuwait Bank received the "Best SME Bank" award for 2024 from Euromoney International, which specializes in financial and banking affairs, in recognition of its exceptional efforts to meet the needs of this vital sector.
On this occasion, Jordan Kuwait Bank CEO Haitham Al-Batihi said, "This award highlights Jordan Kuwait Bank's commitment to providing innovative and comprehensive banking solutions for small and medium-sized enterprises (SMEs), especially as the bank has developed a business model that aligns with the challenges faced by these companies, contributing to their growth and prosperity."
He continued, "We are proud of this honor, which reflects our steadfast commitment to supporting SMEs, which are a key driver of economic growth. We believe in the importance of providing comprehensive solutions that meet the needs of these companies amid current challenges, including rising interest rates, inflation, and supply chain disruptions," noting that Jordan Kuwait Bank continues to innovate its solutions and services to meet the needs of its clients and strengthen its partnerships with them beyond the traditional banking relationship."
For his part, Fadi Khalil, Head of Corporate Business Development at Jordan Kuwait Bank, said: "The challenges facing SMEs are exacerbated by the current economic conditions, so we are committed to providing the necessary support for them. We are keen to offer green financing solutions in sectors that contribute to reducing energy costs, improving water use efficiency, and treating wastewater, in line with the green financing strategy 2023-2028 launched by the Central Bank of Jordan in this field."
It is worth noting that Jordan Kuwait Bank adopts an innovative banking model that enhances its relationships with SMEs and provides value-added services that meet their specific needs and challenges. The bank focuses on providing innovative financial solutions, including green financing and the circular economy, benefiting all stakeholders and supporting sustainable development goals.