About Us

The Jordan Loan Guarantee Corporation (JLGC) was established as a public shareholding company in May 17, 1994. JLGC current capital is JD 29,080,310.

The company manages 2 major programs to improve SME access to finance and provides a higher risk coverage to national exports as follows:

  1. Loan Guarantee Program.
  2. Export Credit and Domestic Sales Guarantee Program.

Our Vision

To build the optimal model for credit guarantees and support to MSMEs.

Our Mission 

Enhancing the opportunities for MSMEs to obtain appropriate credit by providing loan guarantee and enhancing Jordanian exports and domestic sales by providing credit insurance at sustainable basis.

Our Values

Professional Commitment 

Integrity 

Empowerment 

Transparency 

Team Work

Social Responsibility 

Trust

 

In the Name of God the Merciful the Compassionate,

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It gives me great pleasure to welcome you to the official website of the Jordan Loan Guarantee Corporation (JLGC). We have designed this website with the aim of keeping our browsers abreast of the significant role that JLGC plays to motivate the local banks and other financial institutions at the kingdom to provide improved services and financing to Small and Medium Sized enterprises (SMEs). A contribution that enables SMEs to create new job opportunities and reduce poverty rates. JLGC also supports the national exports by providing credit insurance to exporters against the risk of non-payment by the importers and buyers of the Jordanian goods.

The corporation is looking forward to achieving its objectives in a professional, responsible, and corporative commitment.  JLGC is keen to improve its services in all levels in collaboration with main partners of the public and private sectors. Particularly financial institutions which showed a great response with the development efforts of the Corporation that enabled JLGC to achieve an obvious growth in the volume and returns of its operations. 

JLGC operational departments keep exerting the efforts to improve guarantee program and services through increasing the corporate efficiency in loan and credit export guarantees and improve underwriting systems and risk assessment pricing and safe allocation of credit portfolio. Furthermore, increasing the internal capacity in financial risks management for the current programs, and increasing the abilities of granting guarantees for amounts exceeding the current limits.

JLGC is keen to expand guarantees to all economically viable sectors that create jobs and enhance economic growth. It also keeps improving its operational revenues and the human resources and training systems to reach operational sustainability

The official website for JLGC provides the website’s visitors with an in-depth view of its objectives, activities and programs and most up-to-date information, news and reports, in both Arabic and English. Moreover, the website provides information on JLGC partners and their support to JLGC.

We have designed the website in a user-friendly manner in order to ensure quick and efficient access to information. I would like to welcome you once again to JLGC website, which I hope you find interesting as well as beneficial. Please feel free to share with us any suggestions or ideas that may improve the quality of our website.

Dr. Mohammed Al Ja'fari 
Director General

JLGC is managed by a Board of Directors, which is composed of eleven members. According to the JLGC Memorandum of Association, the Central Bank of Jordan appoints two of the members of whom one will be Chairman as long as CBJ participation (in JLGC’s capital) remains above 45%. The rest of the shareholders select the remaining members. Membership in the Board of Directors is effective for four years and ends by the election of a new Board.

JLGC BOD Members are:

Members
  
A representative of
H.E.Dr. Adel Al Sharkas Chairman of the Board ( representing Central Bank of Jordan)
Mr. Kamal Gharib Al-Bakri Deputy Chairman ( representing Cairo Amman Bank)
Dr. Khaldoun Abd Allah Wshah Member ( representing Central Bank of Jordan)
Mr. Hussein Kofahi  Member ( representing Central Bank of Jordan)
Ms. Maha Al Abdallat Member (representing Central Bank of Jordan)
H.E.Mrs. Nadia Hilmi Al Saeed Member ( representing Bank al Etihad)
Dr. Ahmad Awad Al-Hussein

Member ( representing Jordan Ahli Bank)
Mr.Walid Muhi Eddin Al Samhouri Member ( representing Arab Bank)
Ms. Rana Raymond Sawalha  Member ( representing the Housing Bank for Trade & Finance)
Ms. Luma Ghaleb Abdallah Independent Member (representing Social Security Corporation)
H.E.Dr. Ibrahim Hasan Saif Independent Member

Name

Title
H.E.Dr. Mohammed Lutfi Al Ja'fari Director General
Mrs. Amal Mahmoud Jaradat  Deputy Director General
Mr. Mahmoud Ahmad Suliman Al Rbeihat Loan Guarantee Dept. Manager 
Mr. Rami Awad Al Samrdali  Claims, Follow ups and Recoveries Dept. Manager
Mrs. Fatima Sae'd Hamdan Export Credit Guarantee & Domestic Sales Dept. Manager
Mr. Issa Ismail Taraireh Finance Dept. Manager
Mr. Mohammed Noor Mahmoud Al Jabaie Support Dept. Manager 
Mr. Ahmad Hashem Musalam Al Beirqdar  Risk Management & Compliance Manager
Mrs. Diana Aljariri Alhesan Credit Review Dept. Manager
Mr. Saif Shibli Al Farah Internal Audit Unit Manager
--------- ISSF Monitoring Unit Manger
--------- Business Development & Market Research Unit Manager

Organizational Structure

* Amended according to Board of Directors resolution no.22/2022 dated 28th July 2022