Alpen Capital and United Financial Investment Company has successfully co-managed the issuance of Jordan Ahli Bank’s USD 120 MM perpetual bond. The issuance was fully supported by local investors from Jordan.

It is expected to enhance the bank's Capital Adequacy Ratio, supporting its business growth by establishing an Islamic finance subsidiary and launching a fintech platform.

About Jordan Ahli Bank:

Jordan Ahli Bank was the first Jordanian bank to be established in 1955 and the sixth public shareholding company in the Kingdom. The bank has over 50 branches across the country.

About United Financial Investment Company (UFICO):

UFICO, a leading investment banking firm in Jordan, is a subsidiary of Jordan Kuwait Bank and provides services such as Financial Advisory, Trading & Brokerage, Equity Arrangement & Placement, and Debt Arrangement & Placement.