The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has accepted Capital Bank to become the first bank in Jordan to join its Global Trade Finance Program. Capital Bank, formerly Export and Finance Bank, is one of the leading private commercial banks in Jordan.

The Global Trade Finance Program supports trade with emerging markets worldwide and promotes the flow of goods and services between developing countries.  Under the program, IFC provides partial or full guarantees against underlying trade instruments and covers the payment risk of participating issuing banks.

The GTFP allows issuing banks, such as Capital Bank, to increase the volume and value of trade transactions, with enhanced tenors and access to competitive pricing terms.