You are here
CBJ grants JD50m loan to Jordan Loan Guarantee Corporation
By JT - Apr 17,2018 - Last updated at Apr 17,2018
AMMAN — Central Bank of Jordan (CBJ) has given a JD50 million loan to the Jordan Loan Guarantee Corporation (JLGC) to increase the start-ups’ guarantees ceiling from JD100,000 to JD250,000, the Jordan News, Agency, Petra, reported.
The funding programme, which has been launched by CBJ in cooperation with other banks and is managed by JLGC, has been providing loan guarantees worth 85 per cent of the funding value. Some 108 start-ups have so far benefitted from the programme, with expectations of an increase of projects after the guarantees ceiling increase, Petra said.
Related Articles
AMMAN — Zain Jordan is expected to invest JD50 million to JD60 million in 2019 to upgrade its network and enhance services, according to the
AMMAN — The Cabinet on Sunday decided to disburse JD50 million to pay the debt and dues to the private sector, the Jordan News Agency, Petra
AMMAN — The Greater Mafraq Municipality on Wednesday signed an agreement with the Hungarian Orient River Company to establish investment pro
Opinion
Dec 30, 2024
Dec 30, 2024
Dec 29, 2024
- Popular
- Rated
- Commented
Dec 30, 2024
Dec 30, 2024
Dec 30, 2024
Newsletter
Get top stories and blog posts emailed to you each day.
