Corporate | Credit Programs Close Menu

First Central Bank Program in Cooperation with International Bank for Reconstruction and Development to support MSME’s

A Program dedicated to support the micro, small and medium companies

This program is dedicated to support the micro, small and medium companies within various economic sector to enable them to obtain the necessary financing to practice their business with competitive interest rates and in cooperation with the central Bank of Jordan.

Beneficiaries

  • All companies across various economic sectors who meet the definition of small and medium-sized enterprises according to Central Bank, as below.
  1. Total annual sales or assets shall not exceed 3 million dinars
  2. Number of employees shall not exceed 100
* In case of overlapping criteria, the number of employees is used as final criterion for classification. 

  • Microfinance institutions

Interest Rate

Weighted average SOFR price of (compound 6-month SOFR) + 2.25% margin + additional bank margin ranging from 2% to 4%.

Financing Ceiling
Up to 1,050.00 JODS.

Guarantees
The bank may ask for guarantees to be offered by the customer on the light of assessing his credit position.

Loan Term
In accordance to the bank policy in time of grating loans.

 Financing Objectives
All objectives, excluding banned activities under law rules or international conventions and further the projects which have its negative social and economic impact on the community and the environment.