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According to the bank provided information, the investment involves the provision of a senior unsecured loan to Capital Leasing Company ("CL") of up to USD 5 million, of which up to USD 3.75 million to be provided by EBRD and up to USD 1.25 million by the Green Climate Fund ("GCF") under the GCF-Green Economy Financing Facility ("GEFF") Regional Framework.
Proceeds of the loan will be allocated to climate change mitigation and adaptation technologies by local micro, small and medium enterprises, including women-led, in line with the standards and reporting requirements for GEFF in Jordan.
Up to USD 5 million, out of which up to USD 3.75 million to be provided by EBRD and up to USD 1.25 million to be co-financed by Green Climate Fund ("GCF")
Capital Leasing Company was established in 2017 as a private limited shareholding company. Initially known as Societe Generale Bank Jordan "SGBJ" Leasing, the company was acquired by Capital Bank of Jordan as part of the bank's acquisition of Societe Generale de Banque -Jordanie "SGBJ's" assets in March 2022. Capital Leasing is now fully owned by Capital Bank of Jordan (an EBRD client) and provides financial leasing services for both movable and immovable assets, with a focus on housing projects, machinery, and vehicle leasing.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Capital Bank Jordan | Client | Finance |
Haya Dajani
haya.dajani@capitalbank.jo
+962 6 5100200
+962 6 5692062
www.capitalbank.jo
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html