Al-Salem: Our results reflect the strength of our business model and our ability to drive sustainable growth

Capital Bank Group announced its financial results for the first half of 2025, recording a net profit after tax of JOD 94.2 million, up from JOD 70.1 million in the same period of 2024. This represents a 34% increase and marks the highest half-year profit in the Group’s history.

Commenting on the results, Bassem Khalil Al-Salem, Chairman of Capital Bank Group, said:

“These strong results demonstrate the resilience of our business model and our ability to achieve consistent growth, even amid economic challenges. Our commitment to creating value for shareholders and clients is reflected in our strategic lending expansion, stable deposit base, and operational efficiency”.

He added, “We continue to strengthen our capital base and maintain a solid financial position to support future growth. Our long-term value creation strategy focuses on operational efficiency, core business development, and upholding the principles of good governance and

transparency; foundations that earn us continued trust

from markets, investors, and clients”.

Tamer Ghazaleh, CEO of Capital Bank, stated:

“In the first half of the year, we continued diversifying income sources and enhancing operational efficiency while delivering integrated banking solutions tailored to our clients’ needs. These results reflect the strength of our strategy and our cautious, risk-aware approach to management, which supports sustainable long-term growth”.

He added, “Our digital transformation investments are beginning to deliver results, strengthening our position as a leader in digital banking services. We remain committed to prudent risk management with carefully allocated credit provisions, ensuring continued growth stability. We’ve also expanded our customer base by offering comprehensive banking services for individuals and businesses, with a focus on innovation, particularly in digital banking and wealth management, in line with our clients’ future aspirations”.

Ayman Abu Dhaim, CEO of the National Bank of Iraq, commented:

“The National Bank of Iraq a subsidiary of Capital Bank Group and one of the country’s largest private banks, delivered strong performance, with core banking operations now accounting for over 60% of total income. This highlights the success of our strategic shift to a universal banking model and our focus on sustainable profitability”.

He noted that the bank's net credit facilities grew by 21%, total assets increased by 5% as of the end of H1 2025. The number of customers rose to approximately 450,000, and the branch network expanded to 38 branches across most Iraqi provinces.

Capital Bank also earned several prestigious awards, including:

• Best Mobile Banking App in Jordan (for the second consecutive year) and Best Wealth Management Services in Jordan, awarded by International Business Magazine
• Best Bank in Jordan and Best Banking App in Jordan, awarded by Global Financial Market Review