FIF - Housing Bank for Trade and Finance SME Loan

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

Provision of a senior unsecured loan of up to USD 5.0 million (EUR 4.4 million) loan to Housing Bank for Trade and Finance ("HBTF") in West Bank and Gaza ("WB&G") to support on-lending to SMEs in the West Bank. The loan is expected to be accompanied with a capacity building on SME lending funded by the European Union (EU) through the EU-EBRD Sustainable Growth4All Program.

Project ID 56415

Status Concept Reviewed

Location

West Bank and Gaza

Business Sector

Financial Institutions

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Company Contact Information

Housing Bank for Trade and Finance - WB&G
IZeibak@hbtf.com.jo
+972-2-294-5500
https://hbtf.ps/en
P.O Box 1473, Quds Street, Ramallah, West Bank

Project ID 56415

Status Concept Reviewed

Location

West Bank and Gaza

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

23 Jul 2025

Disclosure date

13 Jun 2025

Project Description

Project Objectives

The loan will support HBTF's SME lending activities and expand access to finance for underserved SMEs in the West Bank, at a time when SMEs are in crucial need for liquidity. The use of proceeds of the loan will be restricted to the West Bank only.

Transition Impact

ETI score: 60

The transition impact is expected to be derived from the Inclusive and Competitive qualities, by focusing on expanding the SME portfolio and ensuring prudent lending practices.

Client Information

HOUSING BANK FOR TRADE AND FINANCE - WBG

Housing Bank for Trade and Finance (HBTF), established in 1973 as a public shareholding limited company headquartered in Amman, is the second largest bank in Jordan and is listed on the Amman Stock Exchange. The bank began its operations in the West Bank and Gaza (WB&G) in 1995, where it has since developed a solid market presence through its 15 branches. As a universal bank, HBTF provides a wide range of financial services to retail, corporate, SME, government, and public sector clients. It operates an extensive network of 104 branches across Jordan, along with 57 additional branches located in foreign markets and through its subsidiaries.

EBRD Finance Summary

USD .00

Total Project Cost

USD 5,000,000.00

Additionality

Additionality will stem from promoting financing to SMEs in the West Bank.

Technical Cooperation and Grant Financing

The loan will be accompanied with a technical assistance package to strengthen HBTF's capacity building on SME lending, mainly through trainings to local staff in the West Bank. This will be funded by the EU-EBRD Sustainable Growth4All program.

Company Contact Information

Housing Bank for Trade and Finance - WB&G
IZeibak@hbtf.com.jo
+972-2-294-5500
https://hbtf.ps/en
P.O Box 1473, Quds Street, Ramallah, West Bank

PSD Last Updated

13 Jun 2025

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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FIF - Housing Bank for Trade and Finance SME Loan

Overview

Project timeline

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Technical Cooperation and Grant Financing

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)

FIF - Housing Bank for Trade and Finance SME Loan

Overview

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Environmental and Social Summary

Technical Cooperation and Grant Financing

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)