Bank Al Etihad Holds Introductory Session on Key Legal Business Requirements

Press release

Published May 7th, 2018 - 04:57 GMT

During the event

As one of the many non-financial solutions it provides to women under the Shorouq umbrella, Bank al Etihad recently held an introductory session on the essential legal requirements of any business. The session was attended by a group of female startup business owners and entrepreneurs, and was conducted in cooperation with the Zaru Mauge Law Firm.

During the session, the participants were introduced to a number of vital legal requirements in the field of business, such as taxes and customs, as well as corporate legislation and investment laws, in order to educate them and add to their knowledge base on these particular topics, ultimately helping them to develop and grow their respective businesses.

The participants were provided with the complete guide to formalizing businesses in Jordan, titled, ‘Start-up Guide’, and issued by the Ministry of Industry, Trade and Supply, in cooperation with the USAID-funded Local Enterprise Support Project (LENS). The guide was developed to help promote entrepreneurship and enhance the role of the private sector in contributing to the development process and providing a suitable environment for it to thrive, through the provision of effective services that contribute to simplifying the procedures pertaining to both registering and licensing businesses in Jordan.

The launch of this awareness session reflects Bank al Etihad’s unwavering belief in the infinite potential of female startup business owners and entrepreneurs in Jordan, reiterating the Bank’s continuous efforts to support these businesswomen, and provide them with the opportunity to meet experts in various fields, as part of the series of meetings and Shorouq discussion sessions it holds periodically.

Shorouq provides a comprehensive range of banking solutions as well as financial and non-financial services, designed specifically for women in Jordan. Launched by Bank al Etihad in late 2014, the platform aims to empower women and help them achieve financial independence and security, in a way befitting their lifestyles and expectations.

Background Information

Bank al Etihad

Bank al Etihad was founded in 1978 as a public shareholding company, and has been moving steadily towards boosting its financial status and profitability.

The Bank continues to implement its calculated strategy of client base expansion, risk diversification through widening its range of services and targeting groups from both the retail and corporate sectors.

The Bank attracts a qualified team of young Jordanian professionals and combines a team of experts working relentlessly to further enhance the Bank’s overall achievements, striving for more progress and prosperity to achieve the Bank’s ambitious objectives for the coming years.