Capital Bank

Capital Bank OF Jordan

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Capital Bank Appoints Tamer Ghazaleh as New CEO

The Board of Directors of Capital Bank has appointed Tamer Ghazaleh as the new CEO. With over twenty-six years of banking experience, Ghazaleh held key leadership roles, including Deputy Group CEO of Audi Bank in Lebanon from 2020 to 2024, and as the Group's CFO from 2015 to 2020, previously acting as Deputy CFO.

Ghazaleh has spearheaded financial strategy development and participated in crucial decision-making, particularly as a member of key committees such as the Group Investments Committee and IT Strategic Committee. Moreover, he focused on enhancing financial oversight, managing risks, and ensuring policy compliance.

Commenting on the appointment, Bassem Khalil Al-Salem, Chairman of Capital Bank stated "Ghazaleh's appointment comes as a recognition of his profound banking experience and his exceptional ability to elevate our strategic operations to unprecedented levels of success. With his expertise, we are keen to further strengthen our position as a leading financial entity across Jordan, Iraq, Saudi Arabia, and the UAE."

Al-Salem also praised the remarkable achievements of the Capital Bank team, highlighting significant growth in equity, bank assets, and profitability, as well as the expansion of the bank’s presence both locally and regionally.

Tamer Ghazaleh holds a bachelor’s degree in accounting from the University of Jordan and has completed the Advanced Management Program at Harvard Business School.

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May 20, 2024

Moody's Upgrades Capital Bank's Long-Term Rating to Ba3

Moody's credit rating agency announced that it has upgraded Capital Bank's long-term credit rating from B1 to Ba3, less than a week after raising Jordan's long-term sovereign credit rating from B1 to Ba3 for the first time in 21 years.

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May 19, 2024

Capital Bank Named "Most Active Issuing Bank" at the 2024 TFP Awards

Capital Bank has received the "Most Active Issuing Bank" Award at the 2024 Trade Facilitation Programme (TFP) Awards, held as part of the 33rd European Bank for Reconstruction and Development (EBRD) Annual Meeting and Business Forum in Yerevan, Armenia.

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Blink Introduces Seamless Flight Booking with Royal Jordanian on Its App

In a first-of-its-kind experience in the Kingdom, the digital bank Blink, a subsidiary of Capital Bank and a leader in providing innovative banking solutions in Jordan, has announced a new feature that allows customers to book flights with Royal Jordanian (RJ)

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