Investbank and Bank al Etihad Secure Historic Merger Approval

In a significant move for Jordan's banking sector, Bank al Etihad and INVESTBANK have initiated a landmark merger, marking it as the largest in the country's history. The agreement, sanctioned on June 25, 2025, by both banks' exceptional general assemblies, allows Bank al Etihad to acquire full ownership of INVESTBANK through a share-based transaction. Regulatory approvals from various Jordanian financial authorities are in process, setting the stage for a comprehensive merger of operations, which will enhance service quality and operational efficiency. Bank al Etihad has increased its capital to JOD 325.2 million as part of the acquisition terms, securing complete ownership of INVESTBANK's shares. The integration will be closely overseen by regulatory authorities to ensure compliance with Jordanian laws. Fahmi Abu Khadra and Basem Salfiti, chairmen of INVESTBANK and Bank al Etihad respectively, have stated that this merger reinforces their market leadership and expands capacity for sustainable growth, driven by the combined talent and innovation from both banks. The completion of this historic merger will result in a banking giant with total assets of approximately JOD 11 billion and shareholders’ equity surpassing JOD 1 billion, paving a new path for Jordan's banking sector.