Capital Bank

Capital Bank OF Jordan

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Capital Bank Renews Partnership with Elia Nuqul Foundation and Grants Scholarships to 9 Students

Capital Bank announced extending its partnership with the Elia Nuqul Foundation (ENF) for the eighth consecutive year. Through this agreement, the bank will provide university scholarships to nine students studying at Jordanian public universities, selected by ENF based on specific academic criteria.

The provided scholarships will cover tuition fees for students specializing in fields such as finance, banking, and technology, in addition to providing a monthly allowance.

Touleen Barto, Group Chief Marketing and Corporate Communications Officer at Capital Bank, stressed the bank's commitment to empowering Jordanian youth and fostering their professional growth. She also stressed the bank's keenness to inform students about job opportunities in the banking sector and equip them with the skills needed for employment. She highlighted the partnership with the ENF as a crucial initiative aimed at providing support to exceptional students in their respective university disciplines.

Randi Abdin, Director General of ENF, praised Capital Bank for its commitment to social responsibility and its support for education and youth, stating "This partnership reflects our belief in the importance of investing in exceptional Jordanian youth and supporting their educational journey. These scholarships will positively impact students' lives, helping them achieve their career goals and contribute to the development of Jordanian society. We look forward to continuing this successful partnership in the future."

Capital Bank adopts a CSR strategy through which it launches sustainable initiatives and supports various developmental sectors to contribute to the national economy and achieve sustainable development in the country.

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Capital Bank Group Ends the First Quarter of 2024 with Strong Financial Performance, 88% Growth in Profits

Capital Bank Group has announced its financial results for the first quarter of 2024, showcasing a robust start to the year with net profits after taxes surging by 88% to reach JOD 49 million, up from JOD 26 million in the prior period.

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Capital Bank Appoints Tamer Ghazaleh as New CEO

The Board of Directors of Capital Bank has appointed Tamer Ghazaleh as the new CEO. With over twenty-six years of banking experience, Ghazaleh held key leadership roles, including Deputy Group CEO of Audi Bank in Lebanon from 2020 to 2024, and as the Group's CFO from 2015 to 2020, previously acting as Deputy CFO.

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Capital Bank Launches the Personal Loans Campaign with Competitive Interest Rates

Capital Bank launched a new campaign offering personal loans at competitive interest rates in the Jordanian market, furthering its position as the leading provider of personal financing solutions.

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