Capital Bank Group Reports Record Profit of JOD 94.2 Million in the First Half of 2025, Marking 34% Growth
Al-Salem: Our results reflect the strength of our business model and our ability to drive sustainable growth
Capital Bank Group announced its financial results for the first half of 2025, recording a net profit after tax of JOD 94.2 million, up from JOD 70.1 million in the same period of 2024. This represents a 34% increase and marks the highest half-year profit in the Group’s history.
|
Key Financial Highlights – H1 2025: |
|
|
Total Assets |
JOD 8.37 billion (+2%) |
|
Net Credit Facilities |
JOD 3.61 billion (+5%) |
|
Customer Deposits |
JOD 5.96 billion (+1%) |
|
Shareholders’ Equity |
JOD 869 million |
|
Total Income |
JOD 218 million (+6%) |
|
Net Interest Income |
JOD 122 million (+17%) |
|
Return on Assets |
2.3% |
Commenting on the results, Bassem Khalil Al-Salem, Chairman of Capital Bank Group, said:
“These strong results demonstrate the resilience of our business model and our ability to achieve consistent growth, even amid economic challenges. Our commitment to creating value for shareholders and clients is reflected in our strategic lending expansion, stable deposit base, and operational efficiency”.
He added, “We continue to strengthen our capital base and maintain a solid financial position to support future growth. Our long-term value creation strategy focuses on operational efficiency, core business development, and upholding the principles of good governance and
transparency; foundations that earn us continued trust
from markets, investors, and clients”.
Tamer Ghazaleh, CEO of Capital Bank, stated:
“In the first half of the year, we continued diversifying income sources and enhancing operational efficiency while delivering integrated banking solutions tailored to our clients’ needs. These results reflect the strength of our strategy and our cautious, risk-aware approach to management, which supports sustainable long-term growth”.
He added, “Our digital transformation investments are beginning to deliver results, strengthening our position as a leader in digital banking services. We remain committed to prudent risk management with carefully allocated credit provisions, ensuring continued growth stability. We’ve also expanded our customer base by offering comprehensive banking services for individuals and businesses, with a focus on innovation, particularly in digital banking and wealth management, in line with our clients’ future aspirations”.
Ayman Abu Dhaim, CEO of the National Bank of Iraq, commented:
“The National Bank of Iraq a subsidiary of Capital Bank Group and one of the country’s largest private banks, delivered strong performance, with core banking operations now accounting for over 60% of total income. This highlights the success of our strategic shift to a universal banking model and our focus on sustainable profitability”.
He noted that the bank's net credit facilities grew by 21%, total assets increased by 5% as of the end of H1 2025. The number of customers rose to approximately 450,000, and the branch network expanded to 38 branches across most Iraqi provinces.
Capital Bank also earned several prestigious awards, including:
- Best Mobile Banking App in Jordan (for the second consecutive year) and Best Wealth Management Services in Jordan, awarded by International Business Magazine
- Best Bank in Jordan and Best Banking App in Jordan, awarded by Global Financial Market Review
More news
Capital Bank Announces Capital Bright Grand Prize Winners
Capital Bank has announced the grand prize winners of its Capital Bright savings account, designed specifically for children, during an event held at the Orthodox Club.
Capital Bank and Magma Host Employee Wellness Event to Promote Health and Teamwork
As part of its ongoing focus on employee well-being, Capital Bank partnered with Magma Lifestyle and Fitness Center to host a health and fitness day for its employees. The event was designed to encourage healthier lifestyles, support a better work-life balance, and create a positive and supportive work environment that goes beyond the workplace itself.
Capital Investments Successfully Acts as Financial Adviser and Lead Arranger for US $1 Billion Financing Agreement for Iraq’s Al Khairat Thermal Power Plant Project
Capital Investments, a subsidiary of Capital Bank Group, announced that it has acted as the financial adviser and lead arranger for a US $1 billion financing agreement covering the majority of the first phase of Al Khairat Thermal Power Plant project in Karbala, Iraq