The Institute of Banking Studies has officially inaugurated the Jordanian Fentek Academy building along with the Fentek Laboratory, marking a major milestone in the country's efforts to advance financial technology and innovation. The opening aligns with the Executive Program for Economic Update 2026-2029, reflecting Jordan's commitment to digital transformation in the financial sector.
Dr. Adel Al-Sharkas, Governor of the Central Bank of Jordan and Chairman of the Institute's Board of Directors, highlighted that the Academy and its laboratory represent a national and regional first, providing a specialized hub for nurturing innovation in FinTech. The facilities are designed to strengthen human capacity, foster a culture of creativity, and prepare professionals to lead the financial sector's digital transformation.
The Fentek Lab serves as an applied training environment, combining theory with hands-on practice. Trainees can develop innovative digital financial solutions, enhance their technical skills, and consolidate an innovation-driven mindset. The lab is an integral part of the Academy's mission to equip Jordanian talent with the expertise needed in FinTech and financial innovation.