The bank entered into an agreement with AJIB, subject to central bank approval, which will see Standard Chartered's corporate, commercial and institutional banking, consumer lending and private banking businesses migrated to AJIB.

All Standard Chartered Bank employees in Jordan will be transferred to AJIB, it said an emailed statement.

(Reporting by Hadeel Al Sayegh, Editing by Louise Heavens)

By Hadeel Al Sayegh