Definition:

This program is dedicated to support the micro, small and medium companies within various economical sector to enable thereof to obtain necessary financing to practice is business against competitive interest rates and in cooperation with the central Bank.

 Beneficiaries:

1. Owners of micro, small and medium companies which meet the following conditions:

• Total assets value is less than 3 M. JODs or its annual sales volume is less than 3 M. JODs.
• Employees therein are less than 100 

1. Firms of the smallest financing.

 Interest Rate:

The cost of borrowing, in addition to interest margin of 3.50%; no commissions applied.

Financing Ceiling:

Up to 177,250.00 JODs.

Guarantees:

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

Loan Term:

Repayment period is up to 7.5 years including grace period.

Financing Objectives:  

All objectives, excluding Consumer loans, replacement loans and 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.