Advancing SME and green finance in Jordan

Capital Bank is Jordan’s fourth-largest commercial bank, with a strong domestic presence and a growing regional footprint. The bank has grown rapidly in recent years and is increasingly focused on SME lending and green finance as part of its strategic development. This is also ILX’s first transaction in Jordan.

ILX invested in a B-loan originated by EBRD designed to strengthen the bank’s capital base, enabling it to expand its lending to SMEs and scale its green portfolio, with 60% of loan proceeds applied to green projects and 40% to SME financing. These investments contribute to climate mitigation through measurable reductions in emissions and energy savings, while fostering entrepreneurship and job creation in underserved markets. Additionally, the transaction provides long-term subordinated funding that is not readily available in the local market while benefiting from the arranging MDB’s expertise on green and SME lending.