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MDC Details

Maya Declaration Commitment Target Status View

Provide the refugees and non-nationals with access to digital financial services

Central Bank of Jordan

Qualitative Other
Completed

Increase financial inclusion from 24.6% (as indicated in the 2015 Findex study) to 36.60% of the adults in the kingdom by 2020 with 10% annual increase

Central Bank of Jordan

Quantitative Overarching National Goal
Completed

Encourage banks to develop dedicated structures to MSMEs’ financing products

Bank Al-Maghrib

Qualitative SME Finance
Completed

Issue a directive requiring banks to implement a rating mechanism to further streamline banks' decisions through better risk assessment

Bank Al-Maghrib

Qualitative SME Finance
In Progress

Ensure operationalization of the MSME Observatory that is responsible for the production of statistics and indicators on the demographic, economic and financial aspects of this category of businesses

Bank Al-Maghrib

Qualitative SME Finance
Completed

In coordination with the Ministry of Finance, consider the possibility of uncapping the maximum interest rates so that they are no longer a factor of banking exclusion

Bank Al-Maghrib

Qualitative SME Finance
In Progress

Implement the 2nd Credit Bureau

Bank Al-Maghrib

Qualitative Credit Information System
Completed

Allow enterprises to access their rating and the reasons for their loan applications rejections

Bank Al-Maghrib

Qualitative SME Finance
Completed

Provide global business guide on generic finance’s offer and credit records’ models

Bank Al-Maghrib

Qualitative SME Finance
Completed

Encourage the training of bank branches’ managers and account managers to better meet of micro-businesses MSME’s needs

Bank Al-Maghrib

Qualitative SME Finance
Completed