Arab Jordan Investment Bank Personal Loan
|Minimum Salary needed||Not mentioned|
|Maximum amount available||Not mentioned|
|Length of Loan||8 Years|
|Profit Rate||8.8% for the government sector or 9.9% for the private sector|
|Upfront Fees ( if any )||Not mentioned|
|Eligibility||Must have a Jordanian Nationality; Must be at least 21 years of age; Customer should be employed at a Bank approved company; Customer should have a verified and clear source of income; Must have a minimum of 2 years experience at last job|
|Main Features||Convenient loan amount that suits your needs; Flexible rescheduling of installments|
Arab Jordan Investment Bank
Based in Amman, Jordan, the Arab Jordan Investment Bank has been founded in 1978. Listed on Amman Stock Exchange since 2003, its major shareholdes are the Arab Investment Company from Saudi Arabia and the Lybian Foreign Bank. The AJIB provides banking services to individuals and corporates, operating through branches in Jordan, Qatar Cyprus and United Kingdom. These services include investment banking, such as mergers and acquisitions and equity capital markets, and commercial banking, like private banking and retail. Aware of the best practices in financial field, the AJIB keeps on developing its human resources and technologies to fulfill its clients needs.
Capital of Jordan since 1921, Amman is located in the north west of the country and very well positioned in the Middle East. First, for the touristic visitors who want to enjoy a great sightseeing tour in the region, feeling the testimony of the past while looking at the monuments and ruins from the Greco-Roman period. Then, for the business visitors and the multinational corporations which considered Amman as a centre of opportunities for developing the market in the MENA region. History and modernism are reunified to meet all people's and companies' needs and preferences in this old city but dynamic.
At the Arab Jordan Investment Bank, Personal Loans are rewarding, thanks to their benefits such as flexible repayment methods with a maximum duration of 96 months. It also offers a competitive rate of 8,8% for workers from the government sector and 9,9% for workers from the private sector, with a commission of 1% the first year. Applicants must be at least 21 years old and must have been employed at the same company - which has to be approved by the AJIB - for at least 2 years. They must also have a good reputation and track record, proved by the former bank statements.