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EBRD and Cairo Amman Bank boost small businesses in Jordan


EBRD and Cairo Amman Bank boost small businesses in Jordan
EBRD and Cairo Amman Bank boost small businesses in Jordan
Liquidity line to provide finance to small businesses during coronavirus crisis
Part of EBRD response to tackle the pandemic’s impact
The European Bank for Reconstruction and Development (EBRD) is strengthening the resilience of the Jordanian economy by providing a loan of up to US$ 30 million to Cairo Amman Bank for on-lending to private businesses in the country.
The loan comes under the EBRD coronavirus Solidarity Package, established to meet the immediate short-term financing needs of existing clients.
Small businesses form a significant segment of the Jordanian economy and supporting them in these challenging times remains a priority for the EBRD. ....

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