(Source: Middle East Company News)In line with its aims of catering to various economic sectors within the domestic market, and as part of its interest in supporting and encouraging pioneering entrepreneurs of small and medium enterprises (SME), Capital Bank sponsored the Empretec Director's Meeting organized by the United Nations Conference on Trade and Development's (UNCTAD), which is the first meeting of its kind in both Jordan and the Middle East.

About Capital Bank:Capital Bank has been steadily expanding its operations since its inception in 1995, positioning itself today as the third largest bank in the Kingdom in terms of authorized capital, which amounts to JD132.8m / 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. Distinctly characterized by its financial stability, Capital Bank achieved the highest level of growth in deposits, which grew by 27% during the first half of the current year, reaching JD632m. In addition, the bank boasts a high liquidity ratio to the Jordanian Dinar, which amounts to 140.4% compared to the 70% requirement of the Central Bank of Jordan. The bank also achieved the highest asset growth, which exceeded the JD1bn mark at the end of the first half of the current year. 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 in Jordan from the Capital Intelligence organization. For more information please contact:Asmaa JadallahMedia Relations OfficerBidaya Corporate CommunicationsTel: +962 6 5692008/9Fax: +962 6 5692007P.O. Box 930391, Amman 11193, Jordan

(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.

A service of YellowBrix, Inc.