π Tender Overview
Project ID: 56398
Status: Signed
Location: Jordan
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 09 Jul 2025
Disclosure date: 30 Oct 2025
Project Description
Provision of an A/B subordinated loan to Capital Bank of Jordan ("CB") in the amount of up to USD 45 million - including EBRD A loan of up to USD 25 million, and B loan of up to USD20 million - in coordination with parallel international lenders who will provide up to USD 90 million of subortinated debt.
Project Objectives
The subordinated loan will enhance CB's capital base, thereby strengthening its capacity to expand lending in Jordan, particularly to small and medium-sized enterprises (40% of the EBRD facility), which remain underserved in the country. The remaining portion of the EBRD facility (60%) will be allocated for on-lending to eligible green sub-projects, supporting the country's sustainable development agenda.
Transition Impact
ETI score: 60
The project will support the Resilient and Green Transition qualities (TQs). Under the Resilient TQ, Transition Impact stems from strengthening the capital base of CB, a systemic financial institution, thereby reinforcing its financial resilience. Amid geopolitical and macroeconomic volatility, the project is critical for bolstering capacity of CB to expand on-lending to MSMEs in Jordan. As for the Green TQ, the use of proceeds will be directed towards financing eligible green finance investments.