Jordan Kuwait Bank (JKB)

Key details

• Launch: 1976

Overview

Jordan Kuwait Bank (JKB) is Jordanian commercial bank + ASE: JOKB + Burgan Bank Kuwait KWSE: BURG via KIPCO Kuwait Projects Company Holding ~51%+ controlling + Jordanian retail + institutional + foreign investors free float + one of Jordan's mid-sized commercial banks + founded 1976 in Amman Jordan as Jordanian-Kuwaiti joint commercial bank [1, jo-cro].

History

1976 — Jordan Kuwait Bank JKB founded in Amman Jordan as Jordanian-Kuwaiti joint commercial bank distinctive Jordanian-Kuwaiti banking heritage.

2014 — JKB Mobile banking app launch.

Ownership & operator

Operating entity: Jordan Kuwait Bank JKB (Jordanian commercial bank; ASE: JOKB).

Major shareholders: Burgan Bank Kuwait (KWSE: BURG) via KIPCO Kuwait Projects Company Holding ~51%+ controlling + Jordanian retail + institutional + foreign investors free float.

Regulators: Central Bank of Jordan CBJ + national regulators across 3+ countries.

Technical integration

JKB Mobile app (iOS + Android) + jkb.com online + Jordan Kuwait Bank branch network across Jordan + Cyprus + Palestine international branches + JKB Visa + Mastercard cards; CliQ Jordanian instant payments + EMVCo QRCPS QR payments + Jordanian Dinar JOD domestic transfers.

Implementations & partners

Parent group: [[burgan-bank]] (Burgan Bank; KWSE: BURG; Kuwaiti commercial bank; KIPCO Kuwait Projects Company Holding parent ~37%+ controlling).

Major Jordanian banking + payments competitors: [[arab-bank]] (Arab Bank; ASE: ARBK; one of Middle East's oldest + largest commercial banks; ~600+ branches across 28+ countries on 5 continents) + [[housing-bank-trade]] (Housing Bank for Trade and Finance HBTF; ASE: THBK; QNB Qatari parent ~38.6%+ controlling minority) + [[jordan-islamic-bank]] (Jordan Islamic Bank JIB; ASE: JOIB; Jordanian Islamic commercial bank; Al Baraka Banking Group ABG Bahraini parent ~66%+ controlling) + [[bank-of-jordan]] (Bank of Jordan; ASE: BOJX; Jordanian commercial bank) + [[capital-bank-jordan]] (Capital Bank of Jordan; ASE: EXFB; Jordanian commercial bank) + [[cairo-amman-bank]] (Cairo Amman Bank; ASE: CABK; Jordanian commercial bank).

Regulators: Central Bank of Jordan CBJ + national regulators across 3+ countries.

Status

Active, Jordanian commercial bank + ASE:JOKB + Burgan Bank Kuwait KWSE:BURG via KIPCO Kuwait Projects Company Holding ~51%+ controlling + Jordanian retail + institutional + foreign investors free float + one of Jordan's mid-sized commercial banks + founded 1976 in Amman Jordan as Jordanian-Kuwaiti joint commercial bank [1, 2].

Sources

• 1 JKB — official
• 2 JKB — Wikipedia
• jo-cro In-corpus: reports/countries/JO-jordan.md

Source

Biography extracted from jordan-kuwait-bank.md. See matrix.md for standards-support matrix if present.