Release date: 23 November 2016
Promoter – Financial IntermediaryARAB BANK PLC
The facility aims to finance eligible small and medium-sized investments undertaken by small and medium-sized enterprises (SMEs) and mid-caps in Jordan as well as Egypt, Lebanon, West Bank and Morocco, thereby contributing to economic resilience, employment-generating activities and alleviating the economic burden of the refugee crisis across the region.
Financing of small/medium projects carried out by SMEs, mid-caps and other private or public sector entities
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
- Credit lines - Credit lines
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation and the EIB Guide to Procurement, as appropriate.
Signed - 19/12/2017
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).