Benefits of Borrowing from JMRC
  • Avoid interest rates risks (IRR) on mortgage loans.
  • Improve Bank’s assets and liabilities management, through better matching of sources and uses of its funds(ALCO).
  • Allocate more funds to be granted for housing loans as the housing loans refinanced by JMRC are excluded from the percentage determined under the Bank’s Law, which indicates that the loans granted for construction and purchase of real estates shall not exceed 20% from the total bank’s deposits in Jordanian dinar.
  • Improve the capital adequacy ratio as housing loans granted by the bank, refinanced by JMRC, are risk weighted at (20%).not exceeding refinance loans granted by JMRC to the bank.