INVESTBANK and ZAIN Jordan sign cooperation agreement

Press release
Published December 4th, 2011 - 12:33 GMT

During the agreement
During the agreement

INVESTBANK and Zain Jordan signed a cooperation agreement in which Zain will provide advanced solutions to connect INVESTBANK’s Headquarters located in Shmeisani with its branches across the Kingdom.

The agreement which took place at INVESTBANK headquarters was signed between Mr. Muntaser Dawwas INVESTBANK CEO and Mr. Ahmad Hanandeh Zain Jordan CEO.

According to the agreement, Zain, through its highly sophisticated MPLS network, and a its nationwide fiber optics and wireless coverage, will provide high-speed Internet services and data connectivity solutions to connect the Bank's headquarters with various branches.

Mr. Dawwas expressed his satisfaction in signing this agreement which in turn will strengthen the bank's credibility by providing a complete range of financial services in the Jordanian market through adopting the latest technology and applying the best service to its clients

He added: "INVESTBANK is continuously looking for means to implement new advanced technologies such as this provided by Zain that will ultimately reflect on improving performance reducing costs and developing the level of services presented to individuals and the business sector."  

For his part, Mr. Hanandeh stressed on the important role played by the banking sector in managing the daily work of clients which requires focusing on utilizing the latest technologies to increase the efficiency and productivity for this sector.

He added: "We at Zain support the technical advancement of the banking sector in particular and with developing services to the society at large. These solutions are part of Zain's activity in providing its services to the banking sector; Zain is linked with several banks through which the company facilitated financial transactions digitally and contributed to raising the level of services presented by banks to their customers."

Background Information

Zain

Zain is the pioneer of mobile telecommunications in the Middle East. We began life in 1983 in Kuwait as the region’s first mobile operator, and since the initiation of our expansion strategy in 2003, we have expanded rapidly. Today, we are a leading mobile voice and data services operator with a commercial footprint in 8 Middle Eastern and Africa countries with a workforce of over 6,000 providing a comprehensive range of mobile voice and data services to over 50 million active individual and business customers as of March 31, 2019.

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