Bank al Etihad, previously known as Union Bank, is a Jordan-based financial and banking services institution, established in 1978 as a public shareholding company, with a paid up capital of JDs 160,000,000; a capital base in excess of JOD 270 million and a capital adequacy ratio of 14.72%.
Bank al Etihad operates a growing network of 43 branches, in addition to 81 ATMs and a central exchange unit. The bank is also a board member and a strategic partner with the National Bank in Palestine, with a 10% share. It also fully owns a brokerage firm, Etihad Brokerage, which was established in 2006 and a financial leasing company, Etihad Leasing Company, which was established in 2015.
Since 1978, Bank al Etihad has financed a number of vital and infrastructure projects with long term benefits to the country and its citizens, in sectors such as electricity, energy, renewable energy, higher education, tourism, water desalination and water treatment. It also offers a variety of products and services that serve corporate clients, SMEs, and targeted retail segments. Bank al Etihad also offers well established and respected Treasury and Investment services.
