Housing Bank and EBRD Raise Awareness on Sustainable Investment Through Dialogue Session - Jordan News
This initiative reflects Housing Bank's commitment to strengthening the banking sector's role in ensuring economic sustainability by adopting responsible financial practices aligned with global trends. It also highlights the bank's dedication to engaging with clients and empowering them with the knowledge needed to leverage its green financing solutions.
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Jordan News
a day ago
- Jordan News
Housing Bank and EBRD Raise Awareness on Sustainable Investment Through Dialogue Session - Jordan News
Housing Bank, in collaboration with the European Bank for Reconstruction and Development (EBRD), held a specialized dialogue session with a group of large and medium-sized corporate clients to raise awareness on the importance of the green economy and the role of green financing in achieving it. The session also introduced attendees to the financial opportunities and products offered by Housing Bank to support investment in sustainable projects. اضافة اعلان The session is part of the strategic partnership between the two banks, which aims to support the transition to a more sustainable, efficient, and resilient economy. The initiative promotes investment in green projects and environmental sustainability efforts, including resource conservation, improved consumption efficiency, and reducing environmental impact. This dialogue is a step in the implementation of a $15 million financing agreement signed in 2023 under the Green Economy Financing Facility (GEFF) program managed by the EBRD, along with a $75 million agreement signed in 2025 to finance productive and sustainable projects outside the capital. The session covered key topics related to green finance and the green economy, including the increasing shift toward sustainable projects, the competitive advantages of investing in such ventures, and the exclusive benefits of the GEFF program. It also addressed eligibility criteria, application processes, and showcased successful green projects funded under the program. This initiative reflects Housing Bank's commitment to strengthening the banking sector's role in ensuring economic sustainability by adopting responsible financial practices aligned with global trends. It also highlights the bank's dedication to engaging with clients and empowering them with the knowledge needed to leverage its green financing solutions.
Jordan News
2 days ago
- Jordan News
In the Presence of Princess Ghida Talal, Housing Bank Renews Strategic Partnership with King Hussein Cancer Foundation
In the Presence of Princess Ghida Talal, Housing Bank Renews Strategic Partnership with King Hussein Cancer Foundation In the presence of HRH Princess Ghida Talal, Chairperson of the Board of Trustees of the King Hussein Cancer Foundation and Center, and Abdel Elah Al-Khatib, Chairman of the Board of Housing Bank, the bank has officially renewed its strategic partnership agreement with the King Hussein Cancer Foundation (KHCF) for the years 2025 and 2026. اضافة اعلان The agreement was signed by Ammar Al-Safadi, CEO of Housing Bank, and Nisreen Qatamish, Director General of KHCF. This renewed partnership continues a longstanding collaboration aligned with the bank's corporate social responsibility program, 'Imkan Al-Iskan', which focuses on the key pillars of health, education, and social empowerment. Commenting on the renewal, Al-Safadi stated: 'Our continued support for the King Hussein Cancer Foundation over the years reflects our deep belief in the importance of sustainable partnerships and collective solidarity to strengthen our impact in tackling health challenges, especially cancer. We view this as a shared responsibility to provide hope and make a tangible difference in the lives of patients and their families.' Qatamish expressed her gratitude to Housing Bank for its ongoing commitment, adding: 'This generous support will help us further our humanitarian mission to provide comprehensive care to as many cancer patients as possible, in accordance with the highest international standards.' Under the renewed agreement, Housing Bank will continue supporting KHCF's annual 'Haflet Al-Khair' charity gala, which raises funds for cancer care. Additionally, the bank will support: The university scholarship program for students battling cancer The Sewar Al-Hussein volunteer program Comprehensive care initiatives for patients facing economic and treatment-related hardships This collaboration reaffirms both institutions' shared commitment to building a more compassionate and resilient society.
Jordan News
01-06-2025
- Jordan News
Housing Bank Sponsors Residential Housing at King's Academy - Jordan News
Housing Bank has reaffirmed its commitment to education through its recent support of King's Academy, a leading boarding and day school in Madaba. In recognition of this contribution, the school has renamed the Sulafat house to bear the bank's name. اضافة اعلان Sulafat House is one of nine residential houses within King's Academy's boarding program and is dedicated to welcoming and housing first-year students. The residence was established as part of His Majesty King Abdullah II's vision for King's Academy to serve as a model for secondary education in the Middle East. This initiative also aligns with Housing Bank's corporate social responsibility strategy, which emphasizes support for the education sector. The name Sulafat is inspired by the Arabic word for 'turtle,' referencing the star Sulafat, the second brightest in the Lyra constellation. Much like its celestial namesake, the residence embraces the principle of 'slow but steady' growth, nurturing students with the skills and independence needed for long-term personal and academic success. Housing Bank's sponsorship of Sulafat is part of a broader history of partnership with King's Academy, which includes contributions to the school's guest house, student scholarship programs, and other educational initiatives. This continued support reflects the bank's five-decade-long legacy of empowering academic institutions and advancing educational opportunities across Jordan. It is worth noting that King's Academy, a non-profit school, provides need-based financial assistance to nearly 50% of its students, making high-quality education accessible to a wide range of talented youth. The school's mission—to offer transformative learning experiences and shape future leaders who will make a positive impact in their communities and beyond—resonates deeply with Housing Bank's values and vision for sustainable development. It is worth noting that Housing Bank's recent support for King's Academy, a leading non-profit school, stems from the bank's belief in the role the school plays as a model for schools in Jordan and the world. It is committed to providing need-based financial grants to approximately 50% of its students, aligning with its transformative mission, centered on providing pioneering and unprecedented educational opportunities for promising youth, enabling the youth to make change within their communities and beyond.
