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4-Traders Homepage  >  Equities  >  AMMAN STOCK EXCHANGE  >  Cairo Amman Bank PSC    CABK   JO1102111019

CAIRO AMMAN BANK PSC (CABK)
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Cairo Amman Bank PSC : supports and participates in The Small and Medium-Sized Enterprises Forum

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08/21/2017 | 08:23am CET

Cairo Amman Bank participated in the Small and Medium-Sized Enterprises Forum which was sponsored by the Minister of Industry and Trade And Supply.

Cairo Amman Bank offered its support as well for the success of this Forum which was held under the title 'Small and Medium-Sized Enterprises are the Path to Economic Development and Social Justice, for its belief that the Small and medium-sized enterprises are a key driver of the National economy and a pillar in reducing the unemployment rate, for their ability to create jobs and promote economic and social development.

Cairo Amman Bank is one of the Leading Jordanian Banks that have directed their interest to this type of enterprises and facilitate the financing of the leading ones in particular.

Cairo Amman Bank believes in the large capacity of these enterprises for man power.

The Bank's vision in this regard starts from the experience which confirmed that development of the small and medium-sized enterprises and encouragement of having them established is one of the most important tributaries of the economic and social development in all countries in general and developing countries in particular.

Cairo Amman Bank's adoption of this trend came after the small and medium-sized enterprises have proved their ability to adapt to the developments and changes resulting from the political, social and economic challenges that are taking place in the region.

In the Bank's point of view, the small and medium-sized enterprises are a strategic field for developing the administrative, technical, productive and marketing skills and open up a wide range for individual initiatives and self-employment.

The Forum which lasted for two days, discussed strategies and mechanisms for supporting and financing the micro, small and medium-sized enterprises and Financial Inclusion policies as a starting point for their support.

It focused on the mechanism for having banks adopting creativity and innovation, supporting the efforts of entrepreneurship and paving the way for them for a bright future.

Cairo Amman Bank PSC published this content on 20 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 August 2017 06:22:03 UTC.

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Financials ( JOD)
Sales 2017 138 M
EBIT 2017 -
Net income 2017 38,0 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
Capi. / Sales 2017 1,98x
Capi. / Sales 2018 1,87x
Capitalization 274 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Average target price 2,00  JOD
Spread / Average Target 32%
Managers
NameTitle
Kamal Ghareeb Abdel Rahim Al-Bakri General Manager
Yazid Adnan Mustafa Al-Mufti Chairman
Jan S. Mahmoud Yadaj Zakaria Head-Operations
Fuad Younes Abdel Lateef Saleh Head-Finance Division
Hisham Banna Head-Information Technology