11 Shawwal 1445 - 20 April 2024
    
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capital bank

capital bank

Listed in :
Business & Money > Banks

Since its inception in 1995, Capital Bank has grown to become one of the top financial institutions in Jordan, offering the Jordanian market a comprehensive set of commercial and investment banking services tailored to the needs of individuals and corporate clients alike.

Specialized in trade finance activities, Capital Bank's mission is to deliver reliable and flexible solutions to accommodate its clients' time constraints and business schedules. Capital Bank offers its corporate clients a wide variety of services from corporate finance, to commercial finance, to asset management, to securities brokerage, and market research through its investment arm - Capital Investments, a wholly owned subsidiary of Capital Bank with a paid-up capital of JD 10 million (USD 14 million) and with presence in Jordan and the Dubai International Financial Center (DIFC). The Bank also offers unique services in the Iraqi market through the National Bank of Iraq, in which it owns a controlling stake.

In addition to its corporate financial services, the Bank also provides its individual customers retail services such as credit cards, personal loans, car loans, home loans, competitive interest rates and flexible terms on different categories of personal bank accounts.

First established as the Export & Finance Bank, the Bank initially boasted an authorized capital of JD 20 million (USD 28 million), which has steadily increased over the years to reach JD 200 million (USD 282 million) under the Bank's new identity as Capital Bank. The Bank's numerous successes in the banking sector earned it a BBB- rating by Capital Intelligence, the international credit rating agency, which indicates the Bank's good credit quality and strong financial position; today Capital Bank's total assets are valued at JD 1.99 billion.

Capital Bank is a 61.85 percent shareholder in the National Bank of Iraq (NBI), in which it has management control. NBI was established in 1995 as a private corporate company located in Iraq. The bank's growth and success has led to a gradual increase in its paid up capital reaching USD 210 million.

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