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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
 

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  JMRC ACHIEVEMENTS  
 
 
       
 

1- In The Area Of Refinance Housing Loans

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In the area of refinancing of housing loans

JMRC continued its lending activity as at 31/12/2010 and signed ( 10 ) refinance loan agreements with (5) institutions for terms ranging between (1- 5 ) years in an amount of JD ( 65 ) million. Therefore, the number of refinance loans agreements signed since JMRC inception until 31 December 2010 has been ( 140 ) agreements with a total amount of JD ( 539.146 ) million. The balance of refinance loans on 3 1 / 12 /2010 was JD (150. 113 ) million, the value of collateral amounts to JD (202.609) million.

The following table shows the balance of refinance loans and collateral, as of 31/12/2010:

Million JD

Borrowing Bank

No. of Agreements

Balance of refinancing loans

Collaterals

Union Bank

2

15,000,000

18,189,423

Jordan Capital Bank

8

48,000,000

59,036,429

Egyptian Arab Land Bank

5

24,000,000

28,825,699

Arab Banking Corporation Jordan

4

11,759,274

16,142,542

Cairo Amman Bank

3

23,000,000

27,867,153

Jordan Kuwait Bank

1

1,354,139

3,420,439

Societe General Bank

1

2,000,000

9,483,810

Blom Bank

3

15,000,000

18,313,016

Jordan Commercial Bank

1

10,000,000

21,330,532

Total

28

150,113,413

202,609,043

The following diagram shows the distribution of refinancing loans balances as at 31/12/2010:

 

 

The following chart shows the growth of the refinancing loans from 1998 to 2010:

 

The following diagram shows the tenor of outstanding refinancing loans as at 31/12/2010:

 

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