Capital Bank Appoints Ziad Fatayer as Assistant General Manager of the Retail Department

Amman, October 2009 – Reflecting its interest in bringing in experts and highly skilled professionals to its team, Capital Bank announced the appointment of Mr. Ziad Fatayer as Assistant General Manager of the Retail Department. This step is in line with Capital Bank's aspirations to provide the best comprehensive services to its clients whilst depending on an experienced and creative team that is capable of responding to all clients' needs and adapting to the developments within the local Jordanian market.
Within this context, Mr. Haytham Kamhiyah, Capital Bank's General Manager, said: "We are proud that Mr. Fatayer is part of the Capital Bank team, and we are confident that his experience and knowledge in the banking sector, particularly in the field of retail banking services, will have a tangible impact on enriching the Bank's operations and building on the successes that have been achieved. On the other hand, we are also proud to be supporting the development of his professional career, which is in line with our commitment to the continuous development of our team's capabilities and guaranteeing them a promising future so that each of our employees receive both appreciation and professional development. Our determination confirms all our efforts towards positively extending our partnerships with all clients, shareholders, and employees alike."
Commenting on his future at Capital Bank, Mr. Fatayer said: "The confidence that Capital Bank has shown in my abilities drives me towards working harder and ambitiously to achieve success in the retail field. The retail field receives much attention here at Capital Bank through the provision of the optimum environment that combines both professional capacities and a commitment to the highest standards in order to bring about the best results in a family environment that motivates all to achieving their goals."
Mr. Fatayer has over 20 years of experience in the retail banking sector through his work with several international and regional banks, which include the Mashreq Bank, Citibank, ABN AMRO, the Arab Bank, the Bank of Kuwait and the Middle East, Bank of Jordan, in addition to Amlak Finance and the International Bank for Trade & Finance. Mr. Fatayer has two Masters Degrees in Marketing Management, a Post Graduate Diploma in Marketing Management, and a Bachelors Degree in Advanced Accounting and Auditing.

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About Capital Bank
Capital Bank has been steadily expanding its operations since its inception in 1995, positioning itself today as the third largest bank in the Kingdom in terms of authorized capital, which amounts to JOD 132.8 million / shares. The bank's capital ratio exceeds the Basel Committee's and the Central Bank of Jordan's requirements and its operational efficiency is considered to be one of the best in the market.
Distinctly characterized by its financial stability, Capital Bank achieved the highest level of growth in deposits, which grew by 27% during the first half of the current year, reaching JOD 632 million. In addition, the bank boasts a high liquidity ratio to the Jordanian Dinar, which amounts to 140.4% compared to the 70% requirement of the Central Bank of Jordan. The bank also achieved the highest asset growth, which exceeded the JOD 1 billion mark at the end of the first half of the current year.
Capital Bank's ambitious and highly-qualified human resources and management team have achieved several successes that have yielded exceptional results in several fields, one of which is that it received the fourth best credit classification in Jordan from the Capital Intelligence organization.

This news release has been distributed by Bidaya Corporate Communications on behalf of Capital Bank.
For more information or assistance please contact us on the below number:

Tel: +962 6 5692008/9
Fax: +962 6 5692007
P.O.Box: 930391, Amman 11193, Jordan
E-Mail: media@bidayacorp.com