AMMAN – INVESTBANK, the leading bank in providing innovative banking solutions, has signed an agreement with the Jordan Mortgage Refinance Company (JMRC), granting the bank JD 5 million.   

The three-year lending agreement, signed by INVESTBANK CEO, Muntaser Dawwas, and JMRC CEO, Ibrahim Thaher, will enable INVESTBANK to refinance its housing loans via mortgage guarantees.

“The agreement aims to provide liquidity to the real estate sector in Jordan; the key driver to more than 35 vibrant industries. It contributes to driving and accelerating economic growth in Jordan.” explains Dawwas. “INVESTBANK seeks to empower the real estate sector by offering comprehensive solutions for investors, agents and individuals alike,” adds Dawwas.  

In line with this vision, INVESTBANK has established a specialized real estate department, which offers consultancy and financial services addressing the growing needs of this dynamic sector.

“This agreement is in line with JMRC’s strategy to leverage the local housing and real estate industry, by offering financial services to banks and financial institutions operating in this sector,” says Thaher.      

INVESTBANK currently offers Mortgage 5; a local lending program designed to serve clients seeking to finance their homes via flexible repayment schemes and advantages.