كلمة الرئيس
Dear Shareholders,
The region experienced a continued state of lack of clarity and uncertainty throughout 2025, marked by the convergence of economic and geopolitical challenges, alongside notable changes in the global monetary policies trends. Against this backdrop, JMRC performance during the year reflected its resilience, adaptability, and effective responsiveness. The value of refinance loans granted reached JOD (75.5) million, contributing to enhancing the ability of banks and financial institutions to expand housing lending, improve the management of their credit portfolios, and enhance the efficiency of resource utilization.
In the same context, the total value of loans extended by JMRC since inception rose to JOD (2.591) billion dinars, while the outstanding balance of refinance loans as at 31 December 2025 amounted to JOD (329.5) million. This underscores the sustainability of the Company’s pivotal role in providing long-term financing and deepening the mortgage finance market in the Kingdom.
JMRC also continued to strengthen its presence in the local capital market through the issuance of bonds during 2025 in the amount of JOD )48( million. Consequently, the cumulative value of loan bond issuances inception reached JOD )2.637( billion dinars, while the outstanding balance of these issuances stood at JOD )287( million at year-end. This clearly reflects investors’ confidence in JMRC solid financial position and the efficiency of its management.
Dear Shareholders,
At the institutional level, the Extraordinary General Assembly held in 2025 adopted key decisions aimed at strengthening the Company’s capital base and reinforcing its capacity for sustainable growth. Foremost among these decisions was the approval to increase the Company’s capital from JOD )12.5( million-the subscribed and paid-up capital prior to the increase-to JOD )22.5( million, through a private placement offered to the Company’s shareholders in proportion to their shareholdings, at an issue price of one Jordanian Dinar per share. This was undertaken in accordance with the applicable legal and regulatory frameworks, in a manner that serves the interests of the Company and its shareholders and enhances its ability to implement future strategic plans.
These efforts and strategic decisions culminated in financial results that reflect the soundness of the adopted financial approach and the efficiency of resource and risk management. Net profit before tax for 2025 amounted to JOD (4.2) million, while shareholders’ equity increased to JOD (42.386) million as at year-end. Based on these results, the Board of Directors recommended to the General Assembly the distribution of cash dividends of (6%) of capital, in line with a balanced dividend policy that ensures fair returns to shareholders while taking into account the requirements of expansion and long-term sustainability.
Dear Shareholders,
In conclusion, reflecting the accomplishments achieved on multiple levels, I would like to extend my sincere appreciation and gratitude to our valued shareholders and to their representatives on the Board of Directors for their continued support and enduring confidence in the JMRC journey. I also wish to express my thanks on my own behalf & on behalf of the Board of Directors to the executive management and all employees for their dedicated and professional efforts, which had a direct impact on achieving these results. My appreciation is also extended to all those involved in the preparation of this report for their accuracy, professionalism, and adherence to the highest standards of transparency and disclosure.