The Housing Bank for Trade & Finance

The Housing Bank for Trade and Finance (HBTF) was established in 1973 as a public shareholding limited company with a capital amounting to half a million JD. The primary focus of the Bank was to provide housing finance, and hence the name. After 24 years of operations, the Bank embarked on a new era, when it diversified its scope and became a comprehensive bank, providing full commercial banking services. The Bank's capital was increased several times, and currently amounts to JD 252 million; the equivalent of USD 355 million, the Bank's management has continuously focused on strengthening its capital base year by year, the total equity amounted to JD 1038 million(USD 1.5 billion) at the end of 2014 . Since its foundation, HBTF has introduced many cutting-edge initiatives, few examples are: HBTF was the first bank in Jordan to introduce the Saving Accounts Prizes system (1977). HBTF was the first bank in Jordan & Arab world to establish a children branch (1993). HBTF was the first bank in Jordan & Arab world to introduce Mobile Banking Services ( Bank in a Bus ) in 2014 .