Arab Bank Regional Facility with European Investment Bank (EIB) for SMEs and Midcaps
19 May, 2019
The European Investment Bank (EIB) and Arab Bank have signed a financing contract to support small and medium-sized enterprises (SMEs) and midcaps in Jordan and other countries in the region. The agreement comes as part of the joint efforts to enhance the prospects of economic growth and support financial inclusion through creating sustainable employment opportunities.
Building on this collaboration, Arab Bank has developed loan facilities tailored to meet the needs of SMEs, offering them a host of value-added benefits including:
- Flexible repayment periods of up to (7) years
- Preferential, reduced interest rates
- Longer than average loan tenors.
Agriculture, manufacturing, tourism, construction and others.
Criteria related to the company:
|Number of employees
|| Less than 250 employees
|| 250 - 3000 employees
Note: These facilities are subject to the terms and conditions of Arab Bank and EIB.
For more details, please visit any of our specialized CIB team