Capital Bank (Jordan)

The Capital Bank of Jordan (CBoJ) commonly known as Capital Bank, is a private sector bank operating in Jordan and Iraq. Established in 1995 as Export & Finance Bank,[1] the bank sells a range of products and services across retail and corporate banking divisions. It is described by independent experts as "a boutique bank focused on corporate clients", and has a separate division for SME lending.[2] Capital Bank owns a majority share (62%) in the National Bank of Iraq (NBI). [3]

As of September 2016 the bank had JOD1,964mn (USD2.77 billion) of consolidated assets and total capital of JOD329mn (USD463mn)[1]

In February 2022, Capital Bank acquired Societe Generale Bank Jordan.[4]

In February 2022, Capital Bank also Launched Blink which is a Digital Neo Bank.[5]

References

  1. "Capital Bank of Jordan - Ratings Affirmed Outlook for the FSR changed to Negative". Middle East North Africa Financial Network. Retrieved 21 March 2017.
  2. The Report: Jordan 2012. Oxford Business Group. 2012. pp. 45–. ISBN 978-1-907065-61-3.
  3. ""We're the only Jordanian bank with an established presence in Iraq"". The Business Report. Retrieved 14 November 2018.
  4. Al-Khalidi, Suleiman (February 17, 2022). "Jordan's Capital Bank acquires Societe Generale Bank Jordan" via www.reuters.com.
  5. "Capital Bank of Jordan and Codebase Technologies launch neobank Blink". thepaypers.com. Retrieved 2022-02-28.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.