Capital Bank of Jordan

Capital Bank of Jordan is a leading financial institution in the Jordanian and regional markets. With assets of approximately JOD 7 billion and total equity of nearly JOD 654 million, it is a significant player in the finance, financial services, and banking industries. Founded in 1995, Capital Bank has expanded its services to include comprehensive commercial and investment banking solutions tailored to retail and corporate clients. In its strategic expansion, the bank acquired majority shares in the National Bank of Iraq in 2005 and launched its first branch in the Kingdom of Saudi Arabia in 2021. The bank's subsidiary, Capital Investments, has established itself as a regional leader in providing comprehensive investment banking services, including asset management, brokerage, and corporate financial advisory. Moreover, it has successfully expanded its operations through acquisitions. In 2021, it acquired Bank Audi's operations in Jordan and Iraq and further expanded in 2022 with the acquisition of Société Générale Bank's branches and operations in Jordan. Notably, in early 2022, Capital Bank launched its digital bank, Blink, targeting young individuals. In June 2022, Capital Bank raised a significant $185.00M through a private equity round with the Public Investment Fund (PIF) as a strategic investor. This milestone investment is poised to support the bank's ambitious expansion strategy and solidify its position in the market. This marks a pivotal moment for Capital Bank, positioning it for further growth and influence in the region's financial landscape, leveraging its extensive experience and robust services to serve a diverse array of clients across various markets.