Alpen Capital has successfully advised Capital Bank of Jordan in raising a USD 155 million Green Subordinated Loan (Tier 2).
This is one of the largest transactions of its kind in Jordan and was led by the European Bank for Reconstruction and Development (EBRD).
Co-funders in the facility include the ILX Fund, the OPEC Fund for International Development (OPEC Fund), the Arab Fund for Economic and Social Development (Arab Fund), the Green for Growth Fund (GGF), and the SANAD Fund for MSME.
The 10-year facility, which qualifies as Tier 2 regulatory capital, further strengthens Capital Bank of Jordan’s ability to lend to small and medium-sized enterprises, supporting business growth, employment, and economic resilience.
About Capital Bank of Jordan
Established in 1995 and headquartered in Jordan, Capital Bank of Jordan is the third-largest bank by assets in the country. Listed on the Amman Stock Exchange with operations in Jordan, Iraq, KSA, and UAE, the Bank employs over 2,600 employees. Notable shareholders of the bank includes the Public Investment Fund (PIF), KSA.
Transaction Announcement
