Back
Agreements and Programs

 

International Bank for Reconstruction and Development (IBRD) Agreement through the Central Bank of Jordan

The agreements contribute to the creation of comprehensive development opportunities to support small and medium-sized enterprises (SMEs) in Jordan. Two agreements have been signed: the first for JOD 2 million and the second for JOD 3.9 million, which have been granted to SMEs at preferential interest rates.

 

Agreements of the Arab Fund for Economic and Social Development (AFESD) in cooperation with the Central Bank of Jordan

These agreements facilitate the process of SMEs’ obtaining the required financing from banks at low interest rates. Two agreements were signed: the first for JOD 3 million and the second for Capital Bank to grant a loan of JOD 6.1 million for re-lending to SMEs at preferential interest rates.

 

Jordan Loan Guarantee Corporation (JLGC) Agreement

This agreement provides coverage for loans granted by the bank to small and/or medium-sized local economic projects by 70% for general projects and 85% for start-up projects in order to support the establishment of these projects or enable them to carry out expansions to increase their productive efficiency and provide job opportunities .

 

The European Investment Bank's agreement to support Jordan's economic flexibility

Capital Bank of Jordan received 70 million Euros from the European Investment Bank through the agreement to support Jordan's economic flexibility, where the former will lend them with a competitive interest rate to the SMEs affected by the Covid-19 pandemic.

This step came as part of the Economic Resilience Initiative (ERI), a collaboration between the European Investment Bank and the European Union that aims to increase economic flexibility and support economic growth in the Mediterranean countries most affected by the refugees' crisis.

Capital Bank is the first in Jordan to receive funding from the European Investment Bank as part of the strategic partnership that will help the bank to continue its strong support of Jordan's SMEs and will empower its commitment to creating jobs, increasing competitiveness and stimulating growth, all for growing a more dynamic Jordanian economy.

 

An agreement with the European Investment Bank (EIB) partially guarantees 65 million Euros for Capital Bank

 

In line with the Economic Resilience Initiative (ERI), Capital Bank and the European Investment Bank (EIB) signed a partial portfolio guarantee agreement of loans with a value that exceeds 65 million Euros, which aims to support Jordanian SMEs and help them gain access to financing necessary to overcome the repercussions of the Corona pandemic.  

 

Memorandum of Understanding with the European Bank for Reconstruction and Development (EBRD) Advice for Small Businesses Program

Continuing its efforts to support SMEs by providing consulting services and advisory solutions, the bank has signed a memorandum of understanding with the EBRD, the first of its kind, benefiting qualified SMEs through a network of experts in quality management, marketing, engineering and more through the consulting services provided by the "Advice for Small Businesses" program. In addition, they will receive a grant covering part of the total cost of consulting services in excess of 50% for local consultants and 70% for international consulting projects.

 

Central Bank of Jordan Financing Programs

Agricultural Loans

Capital Bank offers financing solutions to support and develop agricultural projects at a fixed interest rate for up to 10 years, including:

  • Purchase of machinery and equipment
  • Purchase of all raw materials and tools
  • Livestock, poultry, fish farming and beekeeping
  • Other purposeful agricultural projects

 

Industrial Loans

Capital Bank offers financing solutions to support and develop your industrial projects at a fixed interest rate for up to 10, including:

  • Building new industrial units or factories or the expansion of existing ones
  • Purchase of equipment or spare parts
  • Purchase of raw materials
  • Other purposeful industrial projects

 

Tourism Loans

Capital Bank offers financing solutions to support and develop your tourism projects at a fixed interest rate for up to 10 years, including:

  • Construction and/or purchase and/or expansion of a hotel
  • Construction and purchase of tourism facilities
  • Other purposeful tourism projects

 

Renewable Energy Loans

Capital Bank offers financing solutions to establish and support renewable energy projects at a fixed interest rate for up to 10 years, including:

  • Construction and installation of solar energy-generating units
  • Construction and installation of wind power-generating units
  • Purchase and installation of energy-saving equipment

 

Information Technology and Communications Loans

Capital Bank offers financing solutions to support and develop information and communication technology projects at a fixed interest rate for up to 10 years, including:

  • Software development and licensing
  • Mobile phone applications
  • Internet portals and content
  • Outsourcing center services
  • Call center services
  • Digital content
  • Programmable electronic games
  • Digital data processing

 

Health Sector

Capital Bank offers financing solutions to support and develop health projects at a fixed interest rate for a period of up to 10 years.

 

Education Sector (Vocational, Professional and Technical Training)

Capital Bank offers financing to support and develop projects in the vocational, professional and technical training sector at a fixed interest rate for a period of up to 10 years.

Transport Sector

Capital Bank provides financing solutions to support and develop transport companies at a fixed interest rate for a period of up to 10 years.