---------- 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 - Cairo Amman Bank
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 - Cairo Amman Bank
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 a senior unsecured loan of US$20 million equivalent to be disbursed in JOD (approx. JOD 14 million) to support lending to local MSMEs. The Facility is expected to have two tranches of US$10 million equivalent each. Cairo Amman Bank ("CAB") will be eligible to benefit from the loan guarantee scheme comprised of (i) a first loss cover provided by the EBRD and (ii) a second loss cover provided by the Jordan Loan Guarantee Corporation (JLGC) provided that it meets the necessary portfolio criteria. Furthermore, CAB will be eligible to benefit from tailor made technical assistance.
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Jeremy Tobias Matthews
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