AstroBank and Arab Jordan Investment Bank will continue to support the market separately

Press Release

07 August 2020

AstroBank and Arab Jordan Investment Bank  will continue to support the market separately

Arab Jordan Investment Bank will continue independently its operations in Cyprus

Having reassessed the Cyprus market conditions in the post COVID era, Arab Jordan Investment Bank (AJIB) has decided to support the local market separately and continue with the operations of its Branch in Cyprus. AstroBank Public Company Ltd (AstroBank) respecting AJIB’s decision has accepted the termination of the relevant agreement signed between the two parties on 28 February 2020.

The management of AJIB and AstroBank are grateful to each other for their efforts and confidence exhibited during the previous months and affirmed that cooperation which will continue in the future for their mutual benefit.

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