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.”