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JKB Green Finance

Jordan Kuwait Bank (JKB)

Address: Amman
City: Amman
Country: Jordan

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Facts

Establishment Year
2025
Markets
Jordan.

Sector (Specialty)

About

Jordan Kuwait Bank (JKB) is one of the largest banks funding the ESG sector in the local market. Its portfolio includes all major renewable energy companies in Jordan, as well as water and infrastructure projects that contribute to sustainable development. 

Since the enactment of the Jordanian Renewable Energy Law, and with the aim of promoting the growth of clean energy, JKB has adopted a clear strategy to provide financing solutions tailored for long-term ESG projects. Since then, the bank has been at the forefront of providing required financing for these projects, positioning itself as one of the key players in the market. 

JKB introduced its first-ever ESG Strategy 2026–2028, outlining defined priorities and measurable commitments across environmental, social, and governance areas. 

JKB offers project financing terms designed to meet the needs of largescale ESG projects, including long tenors (15+ years), high leverage (up to 75%) and competitive pricing. 

JKB’s green portfolio has exceeded USD 200 million, underscoring the bank’s leadership in sustainable finance, and its active role in advancing Jordan’s green transition. This portfolio includes a range of financing structures, such as equity financing, developed in collaboration with major international financing institutions to facilitate supporting the local ESG sector. 

JKB issued Jordan's first Green Bond in partnership with the International Finance Corporation (IFC), with support from Dutch and Canadian funds, The USD 50 million Green Bond was utilized to finance sustainable water and wastewater management projects, developing a new asset class to the Jordanian capital market. In 2025, JKB announced the full allocation of the proceeds and launched its first Sustainable Finance Report. 

JKB continues to develop new banking products that support the local ESG sector including products targeting working women, energy efficiency, and green buildings. In 2025, JKB signed an agreement with EIB which is the first of its type in Jordan to support local SMEs green lending activities.

In parallel, JKB significantly enhanced its internal capacity in the ESG aspect with the advisory of the IFC as well as top ESG auditing international institutions. In addition, JKB continues to play a leading role in the local market through its participation in heading the Green Finance Committee of the Association of Jordanian Banks.

JKB was the first bank in Jordan to obtain IFC’s EDGE Green Building certification in September 2025. JKB had previously obtained a Gold LEED certificate for its headquarters. 

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Projects

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Facts

• Issued first “Green Bond” in Jordan, developing a new asset class to the Jordanian capital market, directing the proceeds to sustainable water and wastewater treatment.
• The Green portfolio exceeds USD 200 million.
• A renewable energy leader, operating a solar power plant generating 4.3 million kWh annually and launching a second solar project.
• First bank in Jordan accredited to ISO 50001 Energy Management System (EnMS).
• Financed largest wheeling sector project in Jordan for private electricity consumption.
• Financing terms offered: Long tenor (15+ years), High leverage (up to 75%), Competitive pricing.

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