The Jordan Loan Guarantee Corporation, in the presence of a number of representatives of the German Agency for International Cooperation (GIZ), launched the "Electronic Linkage Platform with the Parties Participating in the Guarantee Programs" as part of the fourth phase of the digital transformation project adopted by the company in 2021. The Loan Guarantee and Export Credit Guarantee platforms were created to enable the financing parties participating in the loan guarantee programs to deal digitally with the company through the flexibility provided by the platform in creating and passing transactions, as well as enabling exporters to benefit from the services provided in an easier and faster manner, which will positively reflect on the business environment in the Kingdom.
During the launch ceremony, the Director General of the Jordan Loan Guarantee Corporation, Mr. Adnan Naji, expressed his pride in this partnership with GIZ for providing support and funding to establish these platforms, as well as other local national companies that built and operated the platforms, saying, “The digital transformation project represents a qualitative shift in business management in the company and allows the company and the parties participating in the guarantee programs to interact more digitally in response to the vision of economic modernization in the Kingdom and the national strategy for financial inclusion adopted by the Central Bank in a comprehensive and sustainable manner, as the launch of the platforms is the result of the efforts of all parties that contributed to its completion until we reached today the official launch.”
Mr. Ulrich Hans, I-FIN Project Manager, expressed his happiness that GIZ is part of this important achievement that enhances efficiency and transparency in the loan guarantee sector in Jordan. He also pointed out the importance of digital transformation as a key element in facilitating access to finance, supporting exporters and small and medium enterprises, which contributes to the growth of the national economy and contributes to enhancing the vision of economic modernization. He expressed his pride in this cooperation with the Jordan Loan Guarantee Corporation and his aspiration to continue cooperation to achieve more successes.
The company will continue to enhance its efforts in a way that invests in digital technology in developing its programs and expanding its services and business volume by improving work procedures and the electronic linkage system with its main partners. As well as improving platforms and evaluating the actual impact of their use to achieve the strategic goals of the digital transformation project. The company looks forward to further strategic cooperation with the German Agency to transfer and apply the best international practices and experiences in the field of loan guarantee and export credit guarantee and provide an appropriate environment for the advancement and innovation of financial technologies and digital solutions.
