JCC welcomes central bank's top-up of SMEs support program

Top Stories
Most Popular

Panorama

Italian city wants to ban gelato and pizza sales after midnight

Singer dies midway through concert after tripping on dress

Emotional chickens get red-faced too, study reveals

South Korean man sentenced to 14 months in prison for killing 76 cats

1,800-year-old mini portrait of Alexander the Great found in Denmark

NASA finds new mutant bacteria in space

Philippines girl dies 2 months after being bitten by dog

Celebrity handbag designer sentenced to 18 months in prison

London: Head teacher announces plans to introduce 12-hour school day

Europe is the fastest-warming continent, at nearly twice the average rate, report says

Home Business JCC welcomes central bank's top-up of SMEs support program 13-03-2021 11:14 AM Ammon News - The Jordan Chamber of Commerce (JCC) on Saturday welcomed a Central Bank of Jordan's (CBJ) move to increase the cap of a credit program earmarked to support small and medium enterprises (SMEs) to withstand the ramifications of the Covid-19 pandemic. (JCC) President Nael Kabariti said in a statement that the CBJ's move to raise the program to JD700 million from JD500 previously will reflect positively on the commercial and services sectors and will help them address the pandemic's fallout. However, Kabariti called on banks to reduce the collateral requirements and lending conditions and facilitate SMEs access to loans and other credit facilities. He also urged the CBJ to further ease access to the program and expand the beneficiary base.

Home Business

JCC welcomes central bank's top-up of SMEs support program

13-03-2021 11:14 AM

Ammon News - The Jordan Chamber of Commerce (JCC) on Saturday welcomed a Central Bank of Jordan's (CBJ) move to increase the cap of a credit program earmarked to support small and medium enterprises (SMEs) to withstand the ramifications of the Covid-19 pandemic.

(JCC) President Nael Kabariti said in a statement that the CBJ's move to raise the program to JD700 million from JD500 previously will reflect positively on the commercial and services sectors and will help them address the pandemic's fallout.

However, Kabariti called on banks to reduce the collateral requirements and lending conditions and facilitate SMEs access to loans and other credit facilities. He also urged the CBJ to further ease access to the program and expand the beneficiary base.

no comments

Notice

All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.

name : *
email
	show email
comment : *
Verification code :	Refresh write code :