Capital Bank of Jordan

completed

_x000C_Capital Bank (CAP or Bank) is a full service, private sector Jordanian commercial bank, headquartered in Amman. It was established in 1995 as the Export and Finance Bank, and was renamed to Capital Bank in 2006. As of December 31, 2006, CAP’s total asset base was approximately $1208 million equivalent, shareholder’s equity was $221.4 million equivalent and net income was $25.5 million equivalent. The Bank provides a wide array of corporate and investment banking services to corporate and consumer clients and is a leader in trade finance. The project is aimed to: - support the Bank’s growing mortgage portfolio;- help manage the asset/liability mismatch;- strengthen and diversify the capital base; and- allow the Bank to become well-positioned to meet the demands of the booming Jordanian economy, especially for infrastructure and SME finance. In addition, IFC is expected to work with the Bank on advisory services for corporate governance, risk management and housing finance.