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JLGC Achieves Record Performance in H1 2025 with Guarantees Exceeding JOD 204 Million

JLGC Achieves Record Performance in H1 2025 with Guarantees Exceeding JOD 204 Million

Sun,03 August 2025
The Jordan Loan Guarantee Corporation (JLGC) announced strong financial and operational results for the first half of 2025, driven by solid growth across its various programs. The total value of guarantees issued reached approximately JOD 204 million, compared to JOD 178 million during the same period in 2024. This reflects the company’s expanding role in enhancing financial inclusion and supporting productive sectors in the Kingdom.

Chairman of the Board, Dr. Adel Al-Sharkas, stated that the corporation’s robust performance reflects the strength of its business model and the effectiveness of its strategic direction. He emphasized that these positive results align with JLGC’s vision to support economic growth and expand access to finance, particularly for SMEs, startups, and national exporters.

Dr. Al-Sharkas noted that the company’s total revenues increased by 3.8% during H1 2025, reaching JOD 25.2 million, compared to JOD 24.3 million in the same period of 2024. Additionally, net profit after tax rose to JOD 1.79 million, up from JOD 1.76 million in H1 2024. Shareholders’ equity totaled JOD 44.8 million, while total assets reached JOD 781.3 million as of the end of June 2025.
JLGC’s General Manager, Mr. Adnan Naji, highlighted that the company continued its developmental role by issuing guarantees for 831 loans worth nearly JOD 96 million in the first half of 2025, including 111 startup projects valued at JOD 10.5 million. He also noted that the Micro Enterprise Loan Guarantee Program, launched two years ago, had benefited 1,742 businesses with financing totaling around JOD 13.2 million as of the end of June 2025.

In terms of export support, Mr. Naji explained that JLGC continued its operations under the Export and Domestic Sales Credit Guarantee Program, securing 2,306 export shipments and domestic sales with a total value of JOD 107.7 million. Additionally, 16 new industrial companies from various sectors joined the program, bringing the total number of active policies to 128, covering exports and sales to buyers in 40 countries around the world.

The company affirmed that these results reflect growing confidence among its partners in the banking and industrial sectors, the strength of its relationships with financial institutions and exporters, and its continued commitment to serving as a catalyst for sustainable economic growth and financial inclusion in Jordan.
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