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March 22, 2016

INVESTBANK, ATICO Fakhreldin Group to create dual functional card

Jordan-based financial institution INVESTBANK has partnered with ATICO Fakhreldin Group, a Jordanian multi-service hospitality management firm, to create a new co-branded dual functional card.

By Verdict Staff

Jordan-based financial institution INVESTBANK has partnered with ATICO Fakhreldin Group, a Jordanian multi-service hospitality management firm, to create a new co-branded dual functional card.

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Cardholders using the new INVESTBANK Platinum, ATICO Jewels credit card will be able to get instant financial access and loyalty points (ATICO Jewels), and will be relieved from the hassle of carrying multiple cards in the wallet, reported Zawya.

The card can be used for the three ATICO Jewels categories, namely Baguette, Marquise and Brilliant, allowing cardholders to collect and redeem points (ATICO Jewels) in any outlet of the ATICO Fakhreldin Group.

Cardholders can also secure other benefits and advantages across the globe, and a 1% cash back on local and international purchases.

INVESTBANK CEO Muntaser Dawwas said: "We are proud to be the first financial institution in Jordan to provide the hospitality industry a stepping stone to providing value add services to their users."

ATICO Fakhreldin Group COO Azzam Fakhriddin added: "With this new agreement, we are pioneers in providing our customers with credit cards for our loyalty program members. This will enable our members to enjoy a unique experience and will entitle them to use their ATICO Jewels cards not only at ATICO Fakhreldin Group outlets, but also to use them all over the world."

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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