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Tuesday, November 10 - 2009

Jordan Commercial Bank establishes special bank-assurance unit

Jordan Commercial Bank recently established a bank-assurance unit aiming to facilitate for its clients, individuals, or corporates a wide range of insurance products.

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This unit comes to translate the strategic vision of the bank towards offering integrated financial solutions for its clients in order to create strategic cooperative partnership with the clients through issuing insurance policies for them via this specialized unit.

Dr. Jawad Hadid, CEO/GM for Jordan Commercial Bank, said:
"There is a strong relationship between banking and insurance operations nowadays. It helps in reducing the risks involved on both the client and the Bank simultaneously. This unit will facilitate on the clients to obtain any insurance policy and at a special rate. In addition, the establishment of this unit comes in line with the Jordan Insurance commission's rules and regulations which regulates the insurance sector in Jordan through their continuous development of laws and instructions."


Dr. Hadid added, "Jordan Commercial Bank was one of the leading banks in Jordan to offer bank-assurance services since the second quarter of the year 2006, and this unit will uphold the continues efforts by the bank to offer the best cutting-edge financial services for its clients, therefore, the unit is staffed by a highly qualified Insurance personnel that will cater both Life and General insurance services to the bank's clients."

Its worthy to note that Jordan Commercial Bank is considered one of the few banks in Jordan to offer innovative services that fulfill its clients needs.
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Notes and media contacts

Media contact:

Ghazi J. Tannous
Market Studies Officer ( CIM Member London - UK )
Marketing & Product Development Department
Jordan Commercial Bank
Tel: 00962 (6) 5203000 Ext. 3517
Fax: 00962 (6) 5203101

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