The General Assembly of Capital Bank shareholders approved, at its ordinary annual meeting, which was held under the chairmanship of the Chairman of the Board of Directors, His Excellency Basem Khalil Al-Salem,
The meeting was attended by members of the Board of Directors, representatives of the Central Bank of Jordan, the Companies Controller, and the bank's CEO, Tamer Ghazaleh, who approved the Board's recommendation to distribute cash dividends to shareholders at a rate of 17% of the bank's capital.
During the meeting, which was held on Sunday, May 3, 2026, via video and electronic communication technology, the shareholders holding shares in person, by proxy and by power of attorney, representing approximately 93.24% of the bank’s subscribed and paid-up capital, approved the Board of Directors’ report, the consolidated financial statements for 2025, and the group’s future plans.
In his address to the General Assembly, Chairman of the Board Basem Khalil Al-Salem affirmed that 2025 represents an exceptional milestone in the journey of Capital Bank Group, which succeeded in achieving record financial results, the highest since its establishment, supported by the guidance of the Board of Directors and the efficiency of the executive management. He pointed out that the Group's net profits rose to approximately 201 million Jordanian dinars, achieving a growth rate of 26%, while the financial position witnessed a tangible expansion with the increase in total assets to 8.7 billion dinars, and customer deposits reaching approximately 6 billion dinars.
Al-Salem pointed out that net credit facilities achieved a qualitative growth of 12.5% to reach 3.9 billion dinars, which reflects the strength of the financial performance and the group’s ability to manage its assets and risks with high efficiency.
Regarding strategic performance, Al-Salem explained that the group adopted a progressive expansion strategy under the banner of “Strategic Expansion and Digital Empowerment.” This strategy was evident in strengthening the group’s regional presence, particularly in the Iraqi market through the National Bank of Iraq, which successfully established itself as a leading banking institution. The strategic plan included significant steps such as the acquisition of Al-Ittihad International Insurance Company, as well as acquiring majority stakes in Switch and Digital Future, with the aim of building an integrated financial and technological ecosystem that supports regional expansion and meets the aspirations of customers in various markets.
Al-Salem pointed out that during 2025 the group strengthened its digital capabilities and worked on developing the technological infrastructure, believing that digital transformation has become a strategic necessity to ensure competitive advantage and provide innovative banking solutions centered around the customer experience.
In parallel, Al-Salem revealed that Capital Bank Group continues to monitor regional economic developments, with a focus on the Syrian market, as the group prepares to take an active role in the upcoming reconstruction phase, by supporting economic activity and providing the necessary financing for the business sector and exporters, in a way that serves the goals of economic development in the region.
Al-Salem emphasized that Capital Bank Group is committed to sustainability and social responsibility as a cornerstone of its strategy. The bank has continued to support development and environmental projects, empower youth and women, and adheres fully to environmental and social governance standards. He commended the prudent regulatory environment provided by the Central Bank of Jordan, which plays a pivotal role in enhancing the stability of the banking sector and reinforcing investor confidence in Capital Bank as a model of sound regional banking institutions.
For his part, Capital Bank CEO Tamer Ghazaleh indicated that 2025 was an exceptional year in the group’s history, culminating in record results in terms of profits, assets and revenues. He explained that the group’s total income increased by 16% to reach about 466 million Jordanian dinars, with an improvement in operational efficiency to reach about 39%, while the capital adequacy ratio exceeded 15%, which confirms the strength of the group’s financial position.
In the area of digital transformation and innovation, Ghazaleh highlighted the adoption of an advanced data management strategy, coupled with significant investment in artificial intelligence technologies through NVIDIA servers to enhance the efficiency of internal operations. He added that the group continued to translate its digital vision into reality by launching the LEAP initiative, one of the largest digital transformation initiatives in the bank's history, aimed at developing core systems, unifying institutional platforms, and managing risks. Ghazaleh also noted that non-cash transaction levels have made remarkable progress, approaching 98% of total transactions, while the development of digital solutions supporting the small and medium-sized enterprises (SMEs) sector continues.
Regarding human capital and sustainability, Ghazaleh emphasized the Group's commitment to integrating Environmental and Social Governance (ESG) standards into the core of its banking operations. He cited the signing of a $155 million green capital loan agreement with a consortium of six international lenders, the largest such agreement in Jordan. Ghazaleh also highlighted the Group's focus on investing in human capital through executive programs in partnership with world-class universities such as Harvard and London Business School, and its efforts to develop young talent through the Capital Academy to ensure the sustainability of institutional excellence.
It is worth mentioning that Capital Bank recently announced the group’s financial results for the first quarter of 2026, which reflected the stability of the group’s financial position under the current economic conditions, as the group’s net profit amounted to 38.4 million dinars, while the net income during the same period amounted to approximately 108 million dinars.
The financial results showed that the group’s total assets in the first quarter of this year amounted to 8.5 billion Jordanian dinars, while customer deposits amounted to 5.8 billion Jordanian dinars, while shareholders’ equity remained stable at 841.4 million Jordanian dinars, and total equity reached nearly one billion Jordanian dinars.