Amman, June 24 (Petra) — The Jordan Loan Guarantee Corporation
(JLGC) launched the “Guarantee for Employment” and “Green Finance
Guarantee” programs, aimed at expanding access to finance for
businesses, supporting job creation, and promoting sustainable
investment.

The programs were unveiled during a ceremony held under the patronage
of Central Bank of Jordan (CBJ) Governor Adel Sharkas and attended by
German Ambassador to Jordan Bertram von Moltke, alongside
representatives of financial institutions, the private sector, and
local and international development partners.

The “Guarantee for Employment” program, funded by the German
government through KfW Development Bank, seeks to help
growth-oriented Jordanian companies secure financing to expand
operations and increase employment, contributing to economic activity
across productive sectors.

The “Green Finance Guarantee” program, financed by the CBJ with
support from the German Agency for International Cooperation (GIZ),
aims to promote green investments by facilitating financing for
energy efficiency, renewable energy, and environmentally sustainable
projects while reducing associated credit risks.

Sharkas said improving access to finance, particularly for small and
medium-sized enterprises (SMEs), remains a key pillar of sustainable
economic growth and job creation. He said the launch of the two
programs marks an important step in strengthening Jordan’s
private-sector financing ecosystem through innovative guarantee tools
that expand lending opportunities, support business growth, create
jobs, and encourage investments aligned with the Kingdom’s transition
toward a green economy.

Sharkas added that sustainable and green finance has become a core
component of financial sector development worldwide due to its role
in enhancing long-term financial stability, improving resource
efficiency, and mitigating environmental and climate-related risks.
He said the Green Finance Guarantee program represents a significant
step toward integrating sustainability principles into Jordan’s
national financing and guarantee frameworks.

For his part, von Moltke said the partnership would create
opportunities, support businesses, and contribute to the long-term
development of Jordan’s economy. He said Germany had allocated €25
million to support the employment-focused loan guarantee program to
help create formal and sustainable jobs by improving SMEs’ access to
financing.

The ambassador said around 230 companies are expected to benefit from
the loan guarantees, noting that the figures represent existing
businesses, families that depend on them, and opportunities for
future growth.

JLGC Director General Adnan Naji described the launch as a new
strategic milestone in the company’s efforts to expand its
developmental and economic impact and strengthen support for
Jordanian businesses. He said the two programs reflect close
cooperation between national institutions and international partners
committed to supporting economic growth and employment.

He added that JLGC continues to develop financing and guarantee
products aligned with Jordan’s economic development priorities and
aimed at improving the competitiveness of Jordanian companies and
their access to finance.

The launch forms part of national efforts to advance the goals of the
Economic Modernization Vision, strengthen private-sector
competitiveness, support sustainable economic growth, and create
additional employment opportunities for Jordanians.

//Petra// NQ