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Imagine this man sitting on the couch at night, sipping coffee in front of the television, but his mind is preoccupied with tomorrow—thinking of new ideas and services for the Jordan Kuwait Bank or initiatives that reflect social responsibility. This is simply the CEO, Haitham Al-Batayneh.
If you could see inside his mind, you'd find a "positive buzz" of deep thinking. He’s like a diligent student eager to complete every page of his homework notebook, never leaving a page blank. He’s committed to creating an endless activity calendar, a work agenda filled with green arrows pointing up.
This blonde, blue-eyed executive brings youthful energy to one of the largest financial and economic institutions in Jordan, a massive establishment thriving with vitality drawn from his flexible, strategic economic mindset. He aims for progress, with a focus on scoring goals—sharp, accurate, well-placed ones.
Reviewing the annual records of the Jordan Kuwait Bank’s captain, you’d find them "rich and complete." Starting with the award for the best bank for small and medium enterprises this year, the bank has significantly impacted this vital sector that boosts the national economy, in line with the guidance of His Majesty the King and the Crown Prince. The bank also launched the first electronic wallet named "ELi" and participated in the "1001STARS" forum, where it proposed job opportunities for economically disadvantaged groups, including women, youth, the uneducated, and the unemployed.
On the social responsibility front, the bank, under Batayneh’s leadership, signed a strategic partnership with the King Hussein Cancer Foundation, pledging donations for the endoscopy department in the King Abdullah II Building currently under construction in Aqaba. The bank's name will be featured in the waiting hall, and they’ve renewed their scholarship fund agreement for the third consecutive year. The bank was also a gold sponsor of the "Football Challenge with Spanish player Michel Salgado" for the third year in a row, which helped discover emerging talents and provided them an opportunity to represent Jordan in an international championship in Spain.
The bank didn’t stop there. They continued by signing another agreement to plant 500 dunams in Hashemiyah district in Zarqa as part of the national campaign to plant 10 million trees.
As part of its national duty towards youth, the Jordan Kuwait Bank sponsored Jordanian Taekwondo star Zaid Mustafa, who won a silver medal in the Paris 2024 Olympics, an achievement that brought the bank to the forefront of one of the most prestigious youth and sports events in history.
The bank also extended its duty to its Palestinian Arab brothers through a strategic partnership with the Orphan Committee Association, providing financial support for the "Bunyan" fund, which offers scholarships specifically for orphaned and disadvantaged students in Palestine.
With Batayneh, the bank achieved "achiever" status within the United Nations Women’s Empowerment Principles (WEPs), crowning its efforts to promote gender equality and women’s empowerment in the workplace and community, reflecting its strong commitment to enhancing women’s roles in various sectors.
The bank also participated as a diamond sponsor in the 62nd International Conference and the 47th Arab Financial Market Traders Conference, held jointly for the first time in Jordan. The conference, attended by numerous experts and traders in Jordan and globally, discussed topics over two days, including AI, digital currencies, interest rate trends, green finance, international payments, and social responsibility.
Finally, to the most important numbers—indicators of success and excellence. By the end of the third quarter, the bank achieved remarkable numbers compared to the same period last year, almost doubling its performance. The Jordan Kuwait Bank Group announced its financial results, reporting net profits of approximately 148.4 million dinars, up from 72.1 million dinars in the same period last year.
These figures are a natural reflection of the strategic plan the bank has implemented over recent years. After years of hard work, the bank is now reaping the rewards, offering the best banking and financial solutions to customers locally and regionally—from Jordan to Iraq and Cyprus. Net profits rose by 105.8% compared to the previous year, reaching 148.4 million dinars. Assets grew by 10.2%, exceeding 5.7 billion dinars, while equity increased by 16.5%, reaching 847.9 million dinars. Return on equity surpassed 25%, and the capital adequacy ratio reached 21.77%.
All this is the result of a wise, young, and strategic leadership led by a Jordanian with an astonishing economic vision. He has assembled a team of skilled employees capable of achieving goals and delivering services to clients professionally, with excellence and sophistication.
Batayneh was a superstar this year…