JORDAN LOAN FOR SME RESILIENCE FACILITY

Promoteur – Intermédiaire Financier

ACCEPTABLE BANK(S),CAPITAL BANK OF JORDAN PSC,THE HOUSING BANK FOR TRADE AND FINANCE

Lieu

• Jordanie
• Palestine*

Description

Long-term financing for small and medium-sized enterprises (SMEs) and mid-caps to improve access to finance and financial inclusion, which have been identified as key factors for reinforcing Jordan's economic resilience.

Objectifs

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 potentially Palestine, thereby contributing to economic resilience, employment-generating activities and alleviating the economic burden of the COVID-19 crisis in the concerned countries.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 350 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The intermediary institution will be required to take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the EIB's Environmental and Social Standards.

Passation des marchés

The intermediary institution will be required to take all the requisite measures to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with the EIB Guide to Procurement.

Statut

Signé - 7/07/2020