Arab Banking Jordan : Bank ABC in Jordan Supports ‘Towards Financially Educated Youth’ Initiative in Cooperation with CBJ MORE
July 04, 2022 at 05:13 pm EDT
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Bank ABC in Jordan Supports 'Towards Financially Educated Youth' Initiative in Cooperation with CBJ
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05/07/2022
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Amman, Jordan: Driven by its social responsibility and role in serving the local community, Bank ABC in Jordan participated in the financial awareness campaigns "Towards financially educated youth" carried out by the Central Bank of Jordan, on the occasion of Arab Financial Inclusion Day under the slogan "The important role of the financial institutions' social responsibility in promoting financial inclusion". The youth-targeting campaigns were executed in a number of Jordanian universities throughout the Kingdom governorates.
This participation stems from the Bank's belief in its role in raising financial awareness among the youth, in order to promote financial inclusion in the Kingdom and enhance access to all community segments, especially the youth; the most numerous in the Kingdom, who are about to enter the labor market and form families, and are considered the most in need for credit and banking products and for knowledge about different e-payment instruments, educating them about sound financial planning and benefiting from banking services.
The Bank's participation came in the form of 10 "opening savings account" prizes, presented to the winning students in the test conducted by CBJ to measure the level of financial knowledge of students before and after attending the educational sessions, assessing the extent to which the students benefited from said sessions, and encouraging them to benefit from banking services and products after gaining the necessary financial education.
It is worth mentioning that Bank ABC in Jordan is a member of Bank ABC Group, MENA's leading international bank, with Head Offices in the Kingdom of Bahrain and a solid global across five continents. It offers its clients an innovative financial products and services including wholesale banking, trade finance, project & structured finance, syndications, treasury and Islamic banking products. The Bank also provides retail-banking services through its network of banks in Jordan, Egypt, Tunisia and Algeria, in addition to "ila" digital bank in Bahrain.
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Arab Banking Corporation (Jordan) PSC published this content on 05 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2022 21:12:10 UTC.
Arab Banking Corporation Jordan PSC is a Jordan-based financial institution engaged in the provision of banking and finance services. The Bank is organized into three business segment: the Retail banking segment offers a range of products for different individual needs, including credit cards visa electron, personal loans, car loans and all types of deposits like current accounts, saving accounts, term deposits and call accounts; the Corporate banking segment includes overdrafts, revolving credit facility, discounted bills, letters of credit, letters of guarantee, export financing, multiple product facility, contract finance facilities, Islamic financing, term lending, project and structured finance, financial institutions and treasury and capital markets, and the Treasury segment includes asset & liability management, money market and placement of deposits, capital market/fixed income and equity, foreign exchange market and derivatives.
ARAB BANKING CORPORATION (JORDAN) 
