By: Business Editor
Jordan Daily - Shareholders of Capital Bank of Jordan approved a 17% cash dividend for 2025 at the bank’s annual general meeting, reflecting record financial performance, the Bank said on Sunday.
The meeting, chaired by Bassem Khalil Al-Salem and attended by representative of the Central Bank of Jordan, endorsed the board report and audited financial statements. Shareholders representing about 93.24% of paid-up capital participated, Capital Bank said in a statement seen by Jordan Daily.
Al-Salem said 2025 marked an “exceptional milestone,” with net profit rising 26% year-on-year to about JOD 201 million. Total assets grew to 8.7 billion dinars, while customer deposits reached roughly 6 billion dinars. Net credit facilities increased 12.5% to 3.9 billion dinars.
The bank highlighted a strategy focused on regional expansion and digital transformation, including strengthening its presence in Iraq through National Bank of Iraq and acquisitions in insurance and financial technology.
Chief Executive Officer Tamer Ghazaleh said total income rose 16% to around JOD 466 million, while the cost-to-income ratio improved to about 39%. The capital adequacy ratio exceeded 15%.
Ghazaleh added the group is investing in artificial intelligence and data management, including infrastructure using NVIDIA servers, and advancing its “LEAP” digital transformation program. Non-cash transactions accounted for nearly 98% of total activity.
For the first quarter of 2026, the bank reported net profit of JOD 38.4 million and net income of about 108 million dinars. Total assets stood at 8.5 billion dinars, with customer deposits at 5.8 billion dinars and shareholders’ equity at 841.4 million dinars.
