Capital Bank recently held a top management meeting to discuss its overall and sector-specific strategies for the remainder of the year, with its main focus on expanding business in Iraq.

The bank aims to expand its business in Iraq by leveraging its 72 percent controlling stake in the National Bank of Iraq, enabling it to offer a comprehensive set of banking and commercial services in both Jordan and Iraq.

The bank’s chairman Bassem Khalil Al-Salem led the meeting which was attended by the bank’s general manager, senior management and department heads.

After reviewing the bank’s achievements during the first half of 2011, Al-Salem reaffirmed the bank’s local and regional expansion goals, which will be met by providing target markets with quality corporate and personal banking services. - TradeArabia News Service