PROJECT

Projects

Summary of Investment Information

Project Number

52301

Company Name

ARAB BANK PLC

Date SPI Disclosed

May 29, 2026

Country

Jordan

Region

Middle East

Projected Board Date

Jun 29, 2026

Environmental Category

FI-1 - Significant

Status

Pending Approval

Last Updated Date

Jun 3, 2026

Department

Regional Industry FIG MCT

Industry

Financial Markets

Sector

Commercial Banking - General

Project Description

The proposed investment is for IFC to subscribe to up to US$100 million in Adaptation and Resilience Blue Bond to be issued by Arab Bank plc (the Bank or Arab Bank), through a private placement of up to US$100 million (the Project). IFC's participation will be from its own account, alongside potential mobilization. The proposed financing aims to support the Bank's strategic and pioneering direction in blue financing and builds on IFC's efforts to support banks in Jordan to leverage thematic debt capital market instruments to raise longer term funding and expand their offerings targeting sustainable, climate and blue finance.

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation