According to a press release issued by Capital Bank today, the prime lending rate for the corporate segment has been lowered to 8.25%. Interest rates were also reduced on loans for small and medium-sized enterprises (SMEs), and individuals and retail customers, along with facilitation of payment periods.

For more information on how to benefit from these incentives, Capital Bank invites its corporate, SME and retail and individual customers who would like to extend the term of their loans to contact the Bank’s customer service center, or their dedicated relationship manager.

Last week, Capital Bank announced its support for the National Loan Guarantee Programme, which was launched by the Central Bank of Jordan, in cooperation with the Jordan Loan Guarantee Corporation, to address the negative impacts and repercussions of the coronavirus crisis in Jordan, by facilitating financing for professionals, craftspeople, and single and SME business owners, and enabling them to obtain financing with favorable costs and terms so they can cover their financing needs to finance their operating expenses and working capital.

These stimulus measures by Capital Bank are in line with its role in protecting the national economy, reinforcing the country’s economic growth and development process, and supporting its customers.