Capital Bank Signs a Cooperation Agreement with Charity Clothing Bank
Under this cooperation agreement, Capital Bank will place in-kind donation boxes in its Shmeisani and Abdali branches, enabling the bank’s employees to donate clothes, shoes, and toys, which, in return, the Charity Clothing Bank will receive, and sort at its headquarters in Al Mahatta to display and distribute to families in need.
Capital Bank appreciates and praises the continuous efforts of the Charity Clothing Bank—a project of the Jordan Hashemite Charity Organization, in serving Jordanian families in need, which in return strengthens cooperation, solidarity, and charitable and voluntary work among the Jordanian community. Capital Bank aims to encourage the value of giving back among its employees and provide them with the opportunity to share excess items, which in return benefits both employees and the community.
As a result, signing this agreement falls within the bank's social responsibility framework and the humanitarian role toward the Charity Clothing Bank and other national institutions whose work has a direct impact on the lives of its beneficiaries.
For more information, visit Capital Bank’s website: www.capitalbank.jo
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About Capital Bank Group
Capital Bank Group is considered one of the top financial institutions operating in the Jordanian and regional markets, with assets of JOD 3.4 billion, while the total equity of its shareholders is approximately JOD 400 million.
Capital Bank Group includes; Capital Bank, which since its inception in 1995, has grown to become one of the top financial institutions in Jordan, offering the Jordanian market a comprehensive set of commercial and investment banking services and solutions tailored to the needs of retail and corporate clients alike.
In 2005, Capital Bank (Jordan) purchased majority shares of the National Bank of Iraq (61.85%), which enabled NBI to develop its products and services, strengthen its foothold and enhance financial inclusion at the country level, support export activities and provide all services to Jordanian companies operating In Iraq. As for Capital Investments, it is a wholly owned subsidiary of Capital Bank established in 2006 and offers specialized investment banking services to its clients through its offices in Jordan and the United Arab Emirates / Dubai International Financial Center (DIFC).
Before the end of 2020, in a bid to accomplish its expansion plans, Capital Bank Group took the full acquisition of Lebanese Bank Audi business in Jordan and Iraq.
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