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Reference: 20050132
Release date: 6 June 2005

Promoter – Financial Intermediary

The Housing Bank for Trade and Finance (HBTF)

Location

Description

Financing of small and medium sized long term projects, primarily of private sector SMEs throughout Jordan.

Objectives

The project will contribute to the development of Jordanian private sector companies, in particular SMEs in industry, services and infrastructure (also including agro-food and tourism) as well as health and education sectors.

Comments

Industry, agro-industry, tourism, health, education, infrastructure and services sectors normally eligible for EIB financing.

Sector(s)

Proposed EIB finance (Approximate amount)

Around EUR 50 million

Total cost (Approximate amount)

Not applicable

Environmental aspects

All investments financed from the resources made available by the Bank through global loan operations are required to comply with the relevant national legal framework and be acceptable, in environmental terms, to the Bank in line, as appropriate, with the EU Environmental policy and legislation.

Procurement

The Bank's standard procurement guidelines to Global Loans will apply.

Status

Signed - 23/12/2007

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Jordan Credit lines