Amman - Capital Bank announced replacing its traditional MasterCards with Smart Chips which ensure maximum security and comply with the highest international protection standards. Haytham Kamhiyah, Capital Bank's General Manager, explained that the Bank is among the first in Jordan to introduce Smart Chips, thus providing its customers with heightened security and protection, in addition to the Smart Chip' numerous features. He said that this transition is in line with Capital Bank's vision to stay abreast with the latest international banking developments in order to provide its customers in the Jordanian market with cutting-edge, competitive banking solutions.
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About Capital Bank
Capital Bank has been steadily expanding its operations since its inception in 1995, and boasts an authorized capital of JOD 150 million/shares. The Bank's capital ratio exceeds the Basel Committee's and the Central Bank of Jordan's requirements, and its operational efficiency is considered to be one of the best in the market.
Characterized by its financial stability, Capital Bank achieved the highest level of growth in deposits, which grew by 11% by the end of 2010, reaching JOD 755 million, as opposed to JOD 680 million by the end of 2009. In addition, the Bank boasts a high liquidity ratio to the Jordanian Dinar, which amounts to 122% compared to the 100% requirement of the Central Bank of Jordan. The Bank also achieved the highest asset growth, which exceeded the JOD 1.2 billion mark at the end of 2010, compared to JOD 1.075 billion at the end of 2009, registering a 12% growth.
Capital Bank's ambitious and highly-qualified human resources and management team have achieved several successes that have yielded exceptional results in several fields, one of which is that it received the fourth best credit classification (BBB) in Jordan from the Capital Intelligence organization, according to its January 2010 report.
For more information, please visit www.capitalbank.jo
This news release has been distributed by Bidaya Corporate Communications on behalf of Capital Bank.
For more information or assistance please contact us on the below number:
Tel: +962 6 5692008/9
Fax: +962 6 5692007
P.O.Box: 930391, Amman 11193, Jordan
E-mail: media@bidayacorp.com
© Press Release 2011
