Capital Bank and Ryalize Announce Their Partnership to Launch the Earned Wage Access Solution to the Bank's Corporate Clients
Capital Bank of Jordan (CBoJ) and Ryalize; a Singapore based Fintech platform have announced their partnership to launch the first solution of its kind in the Jordanian market in favor of CBoJ's corporate clients.
The partnership will enable Capital Bank to provide a one-of-a-kind financial wellness solution, Earned Wage Access, to the bank's corporate clients. The solution allows corporate employees to access part of their earned salary before payday. It addresses the lack of inexpensive liquidity options for individuals. The solution will position CBoJ to bring sustainable innovative consumer liquidity options across Jordan.
Zaid Al-Kurdi, Group Transaction Banking Director at Capital Bank Group remarked: “We are excited to have partnered with Ryalize to offer new and advanced digital solutions to our corporate clients. We believe this partnership will allow us to substantially grow our business and build stronger bonds with our clients to deliver the best banking experience possible. We are committed to expediting and using innovation to build the digital future of Capital Bank.”
Khalid Alshakrani, CEO of Ryalize has expressed his delight following the partnership with Capital Bank of Jordan: “We are proud to be Capital Bank’s partner and support their vision of driving and embedding technology-led solutions within their core processes and beyond. Capital Bank is expanding rapidly, and we look forward to supporting them and their clients to have better access to financial liquidity resulting in a more structured economy.
It is within our mission to partner with banks which are forward and like-minded thinkers and strive to adapt to the ever-changing market. Beyond our presence in Bahrain and Jordan, we are aiming to provide banks across the MENAT region with bigger opportunities within the next couple of years.”
Capital Bank Wins Award for Best Syndicated Loan for a Financial Institution in the Middle East from EMEA Finance
Capital Bank recently received the award for the Best Syndicated Loan for a Financial Institution in the Middle East from EMEA Finance, an integrated publishing and events company focused on the banking and finance industry across the EMEA region. The fifteenth edition of the Achievement Awards ceremony took place in London, gathering companies, banks, and financial experts responsible for the best capital market deals in Europe, the Middle East, and Africa.
Capital Bank’s Nour Akel Wins Lex-Falcon Award
Capital Bank, a leading provider of comprehensive banking and digital solutions, announced that lawyer Nour Akel, Internal Counsel at the bank, has received the global 2023 Lex-Falcon Award in the category of "Leading Legal Professional."
Capital Bank Launches Capital MD Program for Medical Sector Banking Transactions
Capital Bank has launched the Capital MD program, which is a specialized program for the medical sector under Capital Bank’s Health & Wealth program. Capital MD is specifically designed for specialized doctors and clinic owners, and it includes a range of banking, advisory, and insurance services with exclusive benefits that meet their practical and daily life needs.