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Friday, November 27 - 2009

Capital Bank offers its clients free subscription in the roadside assistance service

Capital Bank announced the signing of an agreement with the Emirates Jordan Roadside Assistance Company with the aim of providing the Bank's clients with free subscription to the company's Platinum Program. By virtue of this agreement, Capital Bank's clients will be able to enjoy various benefits free of charge when they subscribe to the Platinum Program that the Bank offers for free.

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These benefits include full coverage for vehicles on the road, such as a tow service (except in the case of accidents) from any place in the Kingdom and to anywhere that the subscriber wishes to go, and providing a one-day accommodation service in a 5-star hotel if available in the location that the subscriber's vehicle breaks down, given that the vehicle malfunctions at least 100km away from the subscriber's place of residence.

The Program also offers a battery jumpstarting service anywhere in the Kingdom; flat tire assistance anywhere in the Kingdom and at the company's own expense; and a gasoline delivery service; an extrication service anywhere within the Kingdom free of charge; in addition to a vehicle licensing service including objections to penalty charge notices.

Commenting on this step, Mr. Raad Abu Rassa', Capital Bank's Marketing, Product Development & Sales Manager, said:
"Our cooperation with the Emirates Jordan Roadside Assistance Company is in line with our social responsibility and is in accordance with our future directions in distinguishing our clients from other banks' clients by giving them access to unique services that offer our clients comfort and security wherever they are, especially when on the road."


He added: "We are very proud of our partnership with the Emirates Jordan Roadside Assistance Company, which is considered one of the most important companies in the roadside assistance field."
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About Capital Bank
Capital Bank has been steadily expanding its operations since its inception in 1995, positioning itself today as the third largest bank in the Kingdom in terms of authorized capital, which amounts to JOD132.8m / shares. The bank's capital ratio exceeds the Basel Committee's and the Central Bank of Jordan's requirements and its operational efficiency is considered to be one of the best in the market.

Distinctly characterized by its financial stability, Capital Bank achieved the highest level of growth in deposits, which grew by 27% during the first half of the current year, reaching JOD632m.

In addition, the bank boasts a high liquidity ratio to the Jordanian Dinar, which amounts to 140.4% compared to the 70% requirement of the Central Bank of Jordan. The bank also achieved the highest asset growth, which exceeded the JOD1bn mark at the end of the first half of the current year.

Capital Bank's ambitious and highly-qualified human resources and management team have achieved several successes that have yielded exceptional results in several fields, one of which is that it received the fourth best credit classification in Jordan from the Capital Intelligence organization.

This news release has been distributed by Bidaya Corporate Communications on behalf of Capital Bank.

For more information or assistance please contact us on the below number:
Tel: +962 6 5692008/9
Fax: +962 6 5692007
P.O.Box: 930391, Amman 11193, Jordan

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