The Housing Bank For Trade and Finanace
Top 50 Banks in The Middle East

Rank: 39

The Housing Bank For Trade And Finance (HBTF)

Date of Establishment: 1973
Country: Jordan
CEO: Ammar Al-Safadi

Sales: $657 million

Profits: $60 million

Assets: $11.7 billion

Market Value: $2.1 billion

HBTF was originally established to provide housing finance, but in 1997 it was transformed into a comprehensive bank, providing full commercial banking services. Today, it has the largest network in Jordan with 118 branches across the country and 55 across Palestine, Bahrain, Syria, Algeria, and the U.K. In February 2021, the bank signed a financing deal worth around $35.3 million with Jordan-based company FiberTech. CEO Ammar Al-Safadi is also the chairman of Jordan International Bank – London, and The Housing Bank for Trade & Finance in Algeria, among others.