The Housing Bank for Trade and
Finance Group announced its financial results for the first six months of 2026,
reporting net profits of JOD 82.2 million after tax, an increase of 2.6%
compared to the same period last year.اضافة اعلان
Commenting on the results,
Chairman of the Board Abdel Elah Al-Khatib said they reflect the bank's
strong financial position, solid performance and ability to deliver sustainable
growth despite regional and global challenges.
He added that the results
demonstrate the bank's prudent liquidity management and strategic allocation of
resources to enhance profitability, support key business sectors and contribute
to the national economy.
CEO Ammar Al-Safadi said the
bank's strong performance reflects its success in delivering innovative
financial solutions and high-quality initiatives, further strengthening its
position as one of the country's leading banking institutions.
Highlighting a major milestone in
sustainable finance, Al-Safadi noted that the bank issued the first blue bond in the Kingdom, valued at USD 100
million, as part of a USD 200 million program, in partnership with the European
Bank for Reconstruction and Development (EBRD), the bond's proceeds will
finance sustainable projects, with a primary focus on water resources and the
National Water Carrier Project.
The bond provides a new financing and
investment instrument to support projects related to water resource protection
and management, ecosystems and sustainable infrastructure. It also contributes
to the Kingdom's National Water Security Program while reinforcing Jordan's
position as a regional leader in sustainable finance.
Al-Safadi added that the bank
remains committed to balancing growth and profitability through prudent
policies that support effective risk management and improve operational
efficiency. He emphasized that this approach is a core part of the bank's
long-term strategy for achieving sustainable growth and strong financial
performance.
Reviewing the bank's key
financial indicators, Al-Safadi highlighted a 12% increase in net direct credit
facilities to reach JOD 5.0 billion, while total income grew by 3.0% to reach JOD
233.4 million. He said these results reflect the strong performance and
efficiency of the group's various business operations.
Al-Safadi also highlighted the
bank's strong capital base, with total equity reaching JOD 1.5 billion and a
capital adequacy ratio of 18.8%, well above the minimum regulatory requirements
set by the Central Bank of Jordan and the Basel Committee.
He further reaffirmed the bank's
commitment to continuously providing innovative banking solutions and
distinguished services within a flexible and evolving operating environment,
enabling it to deliver comprehensive financial solutions and an exceptional
banking experience for its clients.
