Capital Bank has renewed its partnership with "Atfaluna" for the second year in a row as part of its ongoing charitable efforts. Atfaluna is a non-profit Jordanian institution that provides medical care services to underprivileged children.

As part of the agreement, Capital Bank will cover the expenses of surgical procedures and medical equipment for approximately 20 children from disadvantaged families in 2024. This initiative underscores Capital Bank's commitment to supporting different segments of the community and its belief in contributing to the progress of Jordanian society.

Touleen Barto, Group Chief Marketing and Corporate Communications Officer at Capital Bank, expressed her pride in supporting Atfaluna for the second year in a row. She stated, "Our contribution aligns with Capital Bank's ongoing efforts to support charitable and social initiatives aimed at enhancing the quality of life in the communities we serve. We consistently strive to make a positive impact."

In return, Atfaluna expressed appreciation for Capital Bank's continuous support, highlighting the significance of this initiative in providing essential medical care to children and aiding in their recovery.

In 2023, Capital Bank covered the expenses of 31 medical interventions, including various surgical procedures, and supplied medical equipment for 28 children. These procedures were conducted in collaboration with Atfaluna and a group of renowned specialist doctors who volunteer for the foundation, across multiple hospitals in the kingdom.

Atfaluna was established in 2015 by a group of volunteers specializing in various fields to create a non-profit organization dedicated to offering medical care to underprivileged children. Through the generous support of donors and the dedicated efforts of an expanding network of volunteers, this team has successfully helped thousands of children access advanced levels of high-quality healthcare while also striving to ensure they lead lives filled with hope and dignity, just like any other child.

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About Capital Bank Group

Capital Bank Group is considered one of the top financial institutions operating in the Jordanian and regional markets, with assets of approximately JOD 7.6 billion, while the total equity is nearly JOD 728 million.

Capital Bank Group includes Capital Bank, which since its inception in 1995, has grown to become one of the top financial institutions in Jordan, offering the Jordanian market a comprehensive set of commercial and investment banking services and solutions tailored to the needs of retail and corporate clients alike.

In 2005, Capital Bank (Jordan) purchased majority shares of the National Bank of Iraq (61.85%), which enabled NBI to develop its products and services, strengthen its foothold and enhance financial inclusion at the country level, support export activities and provide all services to Jordanian companies operating In Iraq.  In 2021, the National Bank of Iraq continued to realize its expansion strategy by launching its first branch in the Kingdom of Saudi Arabia to provide financial and trade services to its corporate clients.

As for Capital Investments, it is a wholly owned subsidiary of Capital Bank established in 2006 and is set as a regional leader in providing comprehensive investment banking services that include asset management, brokerage as well as corporate financial advisory. The company serves a diverse array of local, regional, and international clientele, including major corporations, government entities, and high-net-worth individuals through its offices in Jordan and the United Arab Emirates / Dubai International Financial Center (DIFC).

Further building on its ambitious expansion strategy, Capital Bank Group also acquired Bank Audi’s operations in both Jordan and Iraq in 2021 and followed that milestone in 2022 with the acquisition of the branches and operations of Société Générale Bank in Jordan, strengthening its competitive position in the Jordanian banking market. In early 2022, Capital Bank launched its digital bank - Blink, to re-imagine the way people conduct their banking operations, targeting young individuals.

In June 2022, Capital Bank raised its capital through issuing new shares in favor of the Public Investment Fund (PIF) – one the largest sovereign funds worldwide – as a strategic investor in Capital Bank. with a 23.97% stake, a milestone which will enable the Group to implement its expansion strategy and introduce new products and services to meet the needs of its clients and benefit its shareholders.

For more information, please visit Capital Bank website: www.capitalbank.jo