Building Economic Sustainability through Tourism Project

Safwa Islamic Bank offers specialized financial services for tourism projects in cooperation with USAID

1 Aug 2019

Safwa Islamic Bank, in cooperation with USAID BEST, has developed a joint action plan to help develop the tourism sector in Jordan by improving the concept of bank lending for tourism enterprises and businesses.

In line with this plan, Safwa Islamic Bank will offer banking facilities to finance small and medium-sized tourism businesses, with the aim of stimulating the tourism sector in Jordan and increasing employment opportunities for youth in this sector. USAID BEST is supporting Jordan to become a distinctive and competitive tourist destination by improving the business environment within the country’s tourism sector.

According to Mr. Samer Al Tamimi, general manager of Safwa Islamic Bank, "The objectives of our institution are in line with the objectives of USAID BEST in the tourism industry, which is an important part of the local economy. We are proud of this partnership and our contribution to improving the local economy and creating jobs for citizens.”