/24-7PressRelease/ - May 25, 2007 - The reception was attended by the bank's VIP clients, influential figures from the Jordanian community, representatives of the media, and members of Visa International and Jordan Ahli Bank's management team.
Expressing his positive sentiments towards the bank's new product offering, Mr. Khalil Nasr, Deputy CEO / Head of Ahli International Banking Division and Ahli Personal and Premium Banking Division, said, "First and foremost, I am very happy to be here tonight, and to share with all of you this new landmark in our bank's history. This new launch echoes our belief in "The Power of Change", and for us, positive change is reflected in our belief in the ability to provide our clients suitable and practical financial solutions for their banking needs. On this occasion, allow me to express our sincere appreciation and respect for Visa International and the services that they provide which enable us to offer a wider range of services to our existing and potential clients. We look at Visa International as our business partner, in achieving our target for the development of the private and public sectors, and our national economy."
Mr. Khalil Nasr added that through the launch of this new financial instrument, Jordan Ahli Bank is offering its clients the opportunity to experience all the positive attributes provided by Visa International. The Ahli Bank "Visa Gold & Visa Classic cards" enable our clients to make purchases from points-of-sale anywhere around the globe and to perform cash withdrawals from any ATM machine bearing the "Visa" and "Plus" emblems. As is the case with all products provided by Visa International and Jordan Ahli Bank, this payment instrument provides the highest level of security, flexibility, and convenience. It's wide spread acceptance around the world positions it as one of the best methods of payment both inside the Kingdom and abroad."
It is important to note that the Jordan Ahli Bank is offering the Visa Gold and Visa Classic cards with the lowest interest rate on all credit card types in the Region with a variety of monthly payment schemes. The bank's cardholders may also select the payment scheme which suits their individual needs by opting to pay off their balance in full or to reimburse 5% of the utilized credit with a minimum amount of JD 10. In its effort to launch the Visa Gold and Visa Classic cards the Management of Ahli Bank decided to issue the cards free of charge for the first year for a limited period with a minimum cash limit of JD 3500 for the VISA Gold card and a limit of JD 500 for the Visa Classic card.
Commenting further on Jordan Ahli Bank's new launch, Mr. Naser Abu Ghazaleh, Visa International's Regional Manager for the Levant, said, "We would like to first and foremost welcome Jordan Ahli Bank as a new member of the Visa International Service Association. At Visa International, we hold our member banks in the highest regard, for it is only with their support that we are able to bring more people into the electronic payment system. We work at Visa International, alongside our member banks, to better the national economies of the countries we operate within, and it is through our convenient, safe, and secure services that we are able to provide our cardholders with a more effective substitute for cash. Visa cardholders around the world are exempted from the need to worry about the amount of cash they are carrying in their wallets while shopping or in times of emergencies, and we hope that more and more banks across Jordan follow in the footsteps of Jordan Ahli Bank. We are happy to share in this joyous occasion with our colleagues from Jordan Ahli Bank, and we salute their contribution to the Jordanian economy."
Maha Rawashdeh, TRACCS Jordan, Tel. + 9626 6 5924114, Fax. +962 6 5924334 email: maha@traccs.net
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