Established in 1973 as a specialized housing finance institution, the Housing Bank is one of the leading banks in Jordan, with the largest and most widely distributed branch network.
In 1997, the Housing Bank was converted to a universal bank; offering corporate, retail and investment banking services under one roof.
Today, the Housing Bank extends its comprehensive range of products and services to retail and corporate customers both inside and outside Jordan.
The bank has 118 branches in Jordan, 15 branches in Palestine and one branch in Bahrain. It also owns representative offices in Abu Dhabi (UAE), Tripoli (Libya) and Baghdad (Iraq). In addition to its vast network of branches and representative offices, the bank has three international subsidiaries which are Housing Bank of Algeria (7 branches), International Bank for Trade and Finance in Syria (31 branches), and Jordan International Bank in the UK (1 branch).
Since the beginning, the Housing Bank has been a pioneer in its field. In 1977, it was the first bank in Jordan to introduce savings account prizes. In 1993, the bank introduced the first children branch in Jordan and the Arab World, and the first mobile bus branch in Jordan and the Arab Region in 2014.
Throughout the years, the Housing Bank has earned its position as a leader in Jordan’s banking sector. In 2020, the Housing Bank Group achieved a pre-tax profit of JD77.7 million, and an after-tax net profit of JD42.5 million.
Whereas the total assets reached JD8.3 billion at the end of 2020, and the balance of customers’ deposits reached JD5.5 billion. Furthermore, the balance of the total credit facilities portfolio reached JD4.7 billion, and the balance of the equity reached JD1.2 billion.