As part of its dedication towards supplying all segments of the Jordanian society with advanced banking solutions

Amman, February 2010 – Within its plans to expand its range of banking services on offer, and confirming its interest to cater to the changing demands of the local community, Capital Bank launched its “Capital Personal Loans” program targeting public and private sector employees; professionals including doctors, engineers and pharmacists; private business owners; company employees across all economic sectors, and expatriates living in Jordan. The new program caters to different needs including education, treatment and therapy, business expansion, marriage, and home furnishing, amongst many others.

The “Capital Personal Loans” program was designed at the start of the year to offer a range of competitive benefits such as a loan limit of up to JOD 70,000, a flexible re-payment period that extends to up to 100 months without the need for a guarantor, competitive and reduced interest rates, the ability to receive more than one loan simultaneously, the ability to top up the value of an existing loan, and the possibility of buying personal loans from other banks.

“Capital Personal Loans” are also distinguished by the added value services provided to all those who are benefiting from the program through the receipt of free life insurance as well as a free credit card for the first year.

Commenting on this campaign, Mr. Ziad Fatayer, Assistant General Manager of the Retail Department at Capital Bank, said: “We launched the Capital Personal Loans program in line with our policies aimed at providing unique financial services and solutions to all of our clients across different segments. The program also reflects our belief in the importance of providing new personal banking services in a way that ensures the achievement of our objectives, which have always taken into consideration the demands and developments of the domestic market.”

He added: “The Capital Personal Loans program was first introduced in a private meeting that was held at the Meridian hotel and gathered Capital Bank’s branch managers and employees, including our Sales and Retail teams, to introduce and train employees on the new program in order for them to communicate and interact with existing and potential clients according to the highest professional standards.”

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
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