Amman, July 2010 – As part of its charitable social agenda, representatives from Capital Bank recently visited the Young Muslim Women’s Association Center for Special Education. The bank annually supports this society as part of its awareness in the important role that institutions involved in social development play in caring for individuals with special needs.

Assistant General Manager for HR and Admin Affairs at Capital Bank, Mr. Sami Khair, said that part of the bank’s support that is extended to the society involves the annual sponsorship of 12 individuals with special needs attending training and rehabilitation programs that help better integrate individuals with special needs into their communities and become productive members.

Mr. Khair continued to say: “We consider our continuous collaboration with the society as a national obligation that is derived from our understanding of the importance of activating the culture of volunteerism in our community. Through this collaboration, we are also highlighting the bank’s interest in supporting the different segments of the community to achieve social harmony. We hope that the training programs we provide to the students enrich their academic and professional knowledge, and provide them with the opportunity to become productive members of the community.”

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 150 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 second highest level of growth in deposits for 2009, which grew by 28% reaching JOD 680 million in comparison to 593 million in 2008. In addition, the bank boasts a high liquidity ratio to the Jordanian Dinar, which amounts to 151% compared to the 70% requirement of the Central Bank of Jordan. The bank also achieved the high asset growth, which exceeded the JOD 1 billion mark at the end of 2009 in comparison to JD984 million in 2008 recording a 9% growth.

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 a BBB credit rating by Capital Intelligence according to its January 2010 report.

This news release has been distributed by Bidaya Corporate Communications on behalf of Capital Bank.
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