Bank Al Etihad Awarded “The Most Active Issuing Bank In 2020” By The EBRD

During the European Bank for Reconstruction and Development (EBRD)’s annual ceremony held on June 30, 2021, and as part of its Trade Facilitation Programme, Bank al Etihad was awarded “The Most Active Issuing Bank in Jordan in 2020” in recognition of its international trade operations in 2020. 

Since the establishment of EBRD’s Trade Facilitation Programme in 1999, the bank and its affiliates worldwide have been working persistently to promote foreign trade between EBRD and its partner banks. Furthermore, the program annually intends on recognizing financial institutions for their operations via prominent international awards.  

Despite the uncertainties that Jordan and the world have witnessed since the COVID-19 pandemic, Bank al Etihad’s Financial Institutions and Correspondent Banking unit of the Treasury Department were not discouraged. Instead, they worked determinedly towards securing this award. After passing EBRD’s screening criteria, Bank al Etihad was successfully awarded the Most Active Issuing Bank in Jordan in 2020 for its international trade operations, particularly for supporting international trade and in specific it’s Letter of credits.

The ceremony acknowledged various financial institutions for their outstanding financial standing and operations throughout the past year, addressing their achievements in financial trade, inclusion, and international trades as part of their efforts to restore economic recovery in the wake of the COVID-19 pandemic.