During the year 2024, the Jordan Loan Guarantee Corporation, through various loan guarantee programs, granted guarantees to approximately 1,855 small and medium-sized projects with a total value of approximately 257 million dinars, including 231 startups projects with a value of 22.7 million dinars. The number of beneficiary projects that received guarantees within the Micro-Enterprise Support Program amounted to 534 projects with a value of approximately 4.7 million dinars.
The company also continued to work in the Export Credit Guarantee and Local Sales Program, where it granted guarantees to 4,829 export shipments and local sales with a guaranteed value of approximately 187 million dinars during the year 2024, distributed across several sectors, most notably food and chemicals. The company's data indicates that the sales of Jordanian companies participating in the program were directed to more than 372 buyers in 40 countries, and were concentrated in exports to Saudi Arabia, Switzerland, Kuwait and Malaysia.
During the year 2024, the company was able to sign 47 new policies with industrial companies within the Export Credit Guarantee Program and local sales. Support was also renewed for 42 Jordanian industrial exporting companies to benefit from the Industry Support and Development Fund, with an annual ceiling of up to 35 thousand dinars for each company, used to cover insurance costs represented by guarantee fees and inquiries about external buyers. The company also achieved a growth in its total revenues during the year 2024 by 6% compared to the year 2023, as these revenues reached 49.1 million dinars during the year 2024 compared to total revenues of 46.4 million dinars achieved during the year 2023.
The company achieved growth in profits during the year 2024, as profit before tax amounted to 2.3 million dinars compared to 2.2 million dinars in the year 2023.
As for the total shareholders' equity, it increased from 41.3 million dinars at the end of the year 2023 to 43 million dinars at the end of the year 2024. While the company's assets as of the end of the year 2024 amounted to 768 million dinars compared to 740 million dinars at the end of the year 2023.
The Board of Directors' recommendations to the General Assembly also included not distributing profits for the company's business results for the year 2024 and continuing to strengthen the company's capital base And the invitation of the General Assembly to its thirty-first regular meeting on 04/07/2025.
