As part of its efforts to provide home loan services to all social segments
Amman, August 2010 – Capital Bank participated in the Jordan Housing Day Expo that was held in parallel to Jordan International Construction Building and Engineering Industries Exhibition (JordanBuild 2010) at the Amman International Motor Show halls between the 4th and 7th of August 2010. The expo included the participation of the Housing and Urban Development Corporation, the Jordanian Housing Investors Association, and some of the biggest housing companies in the Kingdom.
The Jordan Housing Day Expo aims to provide real estate opportunities to Jordanian citizens through housing companies. Throughout the duration of the expo, Capital Bank’s team engaged with the Jordanian public, answering their questions with regards to the bank’s ‘Capital Home Loans’ Program that stems from Capital Bank’s strategy of catering to the growing and changing banking and investment demands in the local market, and introducing distinct banking services and products.
“We are pleased to have participated in this important event, which gave us a unique opportunity to educate the public about the ‘Capital Home Loans’ Program,” said Mr. Ziad Fatayer, Assistant General Manager of the Retail Banking at Capital Bank. “The expo provided us with a platform to showcase the full loans that we offer to the applicants of the royal ‘Decent Housing for Decent Living’ initiative. We hope that our involvement in this expo yielded added value to the Jordanian public, helped them gain a better understanding of our range of housing loans, and has enabled them to purchase their dream homes.”
Capital Bank launched the ‘Capital Home Loans’ Program in early 2010 as part of its belief in the important role that housing loans play in supporting the operations of various economic sectors, specifically the real estate, construction and banking sectors. The ‘Capital Home Loans’ Program offers simple procedures suitable for all individuals from the public and private sector, as well as professionals, private business owners, foreigners, and expatriates. The program is characterized by its unlimited ceiling, its competitive interest rates, and its convenient repayment period which can extend to 30 years without guarantor. Those benefiting from the program can receive free life and property insurance, ability to have more than one home loan simultaneously, in addition to ability of buying out home loans from other banks. Furthermore, applicants can use the program to fund the purchase of an apartment, property or building; construct or renew residential units; and build offices for professionals.