Supporting Small and Medium Enterprises (SME) in the Kingdom, Jordan Ahli Bank, has launched "Mashrou’i" product as part of its innovative packages customized for the SME clients.
"Mashrou’i" is a specialized financing program, designed to facilitate and accelerate business operations for owners of small and medium enterprises, where a credit ceiling can reach up to JD50,000 with flexible payment plans and up to 12 months grace period.
Mr. Faleh Najjar, Head of Group Small & Medium Enterprise Banking in Jordan Ahli Bank, highlighted that the Bank emphasis on empowering change and enabling development comes to the fore with its “Mashrou’i” program as it aims to create positive capacity building for SMEs by facilitating a growth revolution within this important employment sector of the Jordanian market.
90% of all businesses in Jordan are classified as SMEs with many established by local and regional entrepreneurs wishing to leverage the high quality of human capital in the Kingdom.