HOME
JMRC's Achievements
In The Area of Refinance Housing Loans
In The Area of Issuing Bonds
In The Area of Training
In The Area of Marketing
In The Area of Cooperation And Exchange Of Experience
 

Visitors No.
visitors
  JMRC ACHIEVEMENTS  
 
 
       
 

1- In The Area Of Refinance Housing Loans

 Menu  
 

In the area of refinancing of housing loans

JMRC continued its lending activity during 2009 and signed (14) refinance loan agreements with (5) institutions for terms ranging between (1-3) years in an amount of JD (67.5) million. Therefore, the number of refinance loans agreements signed since JMRC inception until 31 December 2009 has been (130) agreements with a total amount of JD (474.146) million. The balance of refinance loans on 31/12/2009 was JD (188.138) million, the value of collateral amounts to JD (241.757) million.

The following table shows the balance of refinance loans and collateral, as of 31/12/2009:

Million JD

Borrowing Bank

No. of Agreements

Balance of refinancing loans

Collaterals

Union Bank

2

15.00

20.10

Jordan Capital Bank

7

43.00

53.00
Egyptian Arab Land Bank
4
15.00
20.40

Arab Banking Corporation Jordan

4

12.5

16.50

Cairo Amman Bank

3

23.00

28.10

Jordan Kuwait Bank

2

15.10

18.40

Jordan National Bank

1

5.00

6.20

Societe General Bank

4

9.5

11.50

Blom Bank

3

15.00

18.30

Jordan Commercial Bank
2
20.00
24.30

Bank of Jordan

1

15.00

25.00

Total

33

188.1

241.8

The following diagram shows the distribution of refinancing loans balances as at 31/12/2009:

 

 

 

The following chart shows the growth of the refinancing loans from 1998 to 31/12/2009:

The following diagram shows the tenor of outstanding refinancing loans balances as at 31/12/2009:

 

  The following diagram shows the tenor of refinancing loans since incorporation: