---------- Forwarded message ----------
From: European Bank for Reconstruction and Development <EBRD@public.govdelivery.com>
Date: Thu, Aug 14, 2014 at 6:04 AM
Subject: Jordan MSME Framework
To: iammejtm@gmail.com
From: European Bank for Reconstruction and Development <EBRD@public.govdelivery.com>
Date: Thu, Aug 14, 2014 at 6:04 AM
Subject: Jordan MSME Framework
To: iammejtm@gmail.com
| You are subscribed to Project summary documents for European Bank for Reconstruction and Development. This information has recently been updated, and is now available. 14-08-2014 12:00 AM BST The EBRD is considering US$150 million (approx. JOD106 million) senior unsecured facility to Jordanian Partner Banks (PBs) for on-lending to eligible MSMEs in Jordan. The senior unsecured facilities will be made available in JOD, USD or EUR to PBs; however the on-lending to the local MSMEs will be in JOD. The JODs are sourced from the Central Bank of Jordan (CBJ) through a swap agreement. The framework will offer an optional loan guarantee scheme, including a first loss tranche, provided by the EBRD and a second loss guarantee provided by a local guarantee institution, Jordan Loan Guarantee Corporation (JLGC). In addition, the EBRD will be providing technical co-operation for capacity building to the Partner Banks.
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Jeremy Tobias Matthews
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