This program is dedicated to offer suitable financing for industrial, renewable energy, tourism, agricultural , health , education , transportation and IT sectors through the Jordanian Central Bank directly at financing rates covers 100% of total financing.
Firms and companies working the industrial, renewable energy, tourism, agricultural, health, education, transportation and IT sectors
Financing Ceiling: Financing ceiling is up to 2 M. JODS for target sectors within the program, excluding renewable energy sector since the ceiling is up to 4.00 M. JODs. Guarantees: Promissory Note payable endorsed to the favor of CBJ which the loan requested represents 85% of the promissory note, in addition to any other extra guarantees from the customer on the light of assessing the client's credit worthiness. Loan Term: Repayment period is up to 5 years at maximum in terms of target industries within the program, excluding the renewable energy sector projects and outside Amman projects sice they have a repayment period up to 10 years including the grace period. Loans can be repaid on monthly, quarterly, semiannual payments or one lot. Financing Objectives: All objectives; within economical activities of target sectors, through financing the working capital or fixed assets or maintenance and expansion works or any other objectives which are approved by the central bank.