DCM AB Blue Bond (IFC-52301)

Countries
  • Jordan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
FI
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 29, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Arab Bank plc
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 6, 2026

Disclosed by Bank May 29, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the proposed investment is for IFC to subscribe to up to US$100 million in Adaptation and Resilience Blue Bond to be issued by Arab Bank plc (the Bank or Arab Bank), through a private placement of up to US$100 million (the Project). IFC's participation will be from its own account, alongside potential mobilization. The proposed financing aims to support the Bank's strategic and pioneering direction in blue financing and builds on IFC's efforts to support banks in Jordan to leverage thematic debt capital market instruments to raise longer term funding and expand their offerings targeting sustainable, climate and blue finance.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The proposed IFC investment is to subscribe to up to US$100 million in Adaptation and Resilience Blue Bond to be issued by Arab Bank plc through a private placement of up to US$100 million. IFC's participation will be from its own account, alongside an expected mobilization.

Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Arab Bank is the leading bank in Jordan and a regional player with headquarters in Amman, Jordan. Arab Bank Group includes a sister company to Arab Bank plc, Arab Bank (Switzerland) Ltd. Arab Bank plc has one of the largest global Arab banking networks with over 600 branches in 27 countries spanning 4 continents. Arab Bank is a public shareholding company listed on Amman Stock Exchange with a board of directors in accordance with the laws and regulations of Jordan. The largest shareholders of the Bank include the Social Security Corporation (17.183%), Abdul Hameed Shoman Foundation (4.997%), Ministry of Finance (KSA) (4.494%), and Arab Supply and Trading Company (4.376%).


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

 

For Inquiries About the Project, Contact

Arab Bank PLC
Maram Al-Jazireh
Global Head of Fis and Sustainability
+962 6 560-0000
maram.al-jazireh@arabbank.com.jo
Head Office, Building # 8, Shaker Bin Zaid St., Shmeisani – Amman | P.O. Box 950545 | Amman 11195, Jordan
https://www.arabbank.jo

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works