Housing Bank has launched a range of green financing programs designed for private sector companies seeking to adopt innovative and sustainable solutions. This is in line with its commitment to sustainability and supporting the business sector.
Developed in partnership with leading local and international financing institutions, these programs aim to empower companies to implement environmentally friendly projects, focusing on renewable energy, energy and water efficiency, transitioning to sustainable resources, and reducing carbon emissions in line with local and global environmental goals.
The offerings include the Green Projects Financing Program, launched in partnership with the Arab Fund for Economic and Social Development, which provides financing of up to JOD 250,000 for green projects and products that positively impact the environment and support resource conservation, based on specific criteria.
Additionally, the bank offers the Renewable Energy and Green Financing Program in collaboration with the Central Bank, providing financing of up to 100%, with a ceiling of JOD 4 million, for a wide range of green projects and products.
Through its partnership with the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GEFF), Housing Bank also provides financing of up to USD 2 million for environmentally friendly projects and activities, along with a cash rebate of 10% or 15% of the financing value.
These programs feature subsidized, competitive interest rates and flexible repayment periods of up to 10 years. They also offer free technical support to guide companies in ensuring the quality and sustainability of their projects, depending on the selected program. Additionally, clients receive a certificate of compliance with Environmental, Social, and Governance (ESG) sustainability standards, enhancing their competitiveness, attractiveness to investors, and readiness for long-term success.
These initiatives align with Housing Bank’s strategy of integrating sustainability into its core operations, strengthening its portfolio of financing tools that support sustainable growth and serve customers and society. By focusing on green projects that advance the transition to a low-carbon economy, the bank reaffirms its commitment to fostering environmental responsibility while driving economic development.