Capital Bank Group has reportedly chosen open API banking solutions provider
Codebase Technologies in order to develop and deploy its first all-digital banking platforms in Jordan and Iraq.
Through the partnership, Capital Bank Group will aim to deliver its digital bank offering to its retail and corporate clients.
Since launching operations back in 1995, Capital Bank has grown to become one of the leading financial institutions in Jordan. Based in Amman, the bank provides an extensive line of commercial and investment banking services tailored to the requirements of individuals and corporate clients alike.
As noted by its management:
“Specialized in trade finance activities, Capital Bank’s mission is to deliver reliable and flexible solutions to accommodate its clients’ time constraints and business schedules. Capital Bank offers its corporate clients a wide variety of services from corporate finance, to commercial finance, to asset management, to securities brokerage, and market research through Capital Investments, a wholly owned subsidiary of Capital Bank with a paid-up capital of JD 10 million (USD 14 million) that acts as the Bank’s investment arm.”