The Jordan Times
AMMAN — The Jordan Loan Guarantee Corporation (JLGC) increased the total value of its guarantees to JD463 million by the end of the third quarter of 2026, up from JD340.7 million in the same period of 2025, expanding access to credit for small and medium-sized enterprises (SMEs) and national exporters.
Financial disclosures as of September 30 showed that the corporation's net profit after tax reached JD2.8 million, compared with JD2.5 million a year earlier. Total assets rose to JD827.2 million, while shareholders' equity stood at JD48.3 million.
Under its core loan guarantee programme, the corporation supported 1,286 credit facilities worth JD247.6 million during the first nine months of 2026, compared with 1,389 facilities valued at JD169.4 million during the same period in 2025, the Jordan News Agency, Petra, reported.
The total included JD15.1 million in guaranteed financing extended to 152 start-ups.
The corporation's microfinance programme supported 2,342 micro-enterprises, bringing the cumulative value of guaranteed financing under the programme to JD18 million since its launch.
JLGC also continued to provide guarantees through its "specialised" Guarantee for Employment and Green Finance Guarantee programmes, which aim to support job creation and environmentally friendly investment.
Under its Export Credit and Domestic Sales Guarantee programme, the corporation covered JD215.3 million in 3,901 export shipments and domestic commercial transactions, helping protect national businesses against credit default risks as they expand in local and international markets.
Chairman of Board of Directors at JLGC, Adel Sharkas, said the growth recorded in the third quarter underscores the corporation's role in promoting financial inclusion and mobilising private-sector credit in line with national economic priorities.
JLGC Director General, Adnan Naji, said the corporation was accelerating its digital transformation and strengthening its risk management frameworks to expand its beneficiary base and support long-term economic growth.