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Overdrafts are a flexible form of borrowing intended to finance day-to-day cash flow requirements generated by normal business activity. They are not intended for the financing of long term borrowing requirements for which more appropriate credit lines are available. Repayment is made without notice through any type of credit to the overdrawn current account from normal business activities. Balances repaid can be redrawn without the need for a request from the customer to the Bank. Tenor of an overdraft is one day; maximum one year with bank approval.

​Documentary loans (revolver facility) are used to finance imports/exports through Letters of Credit, Bills for Collection, discounted cheques and inward Letters of Credit and commercial invoices. Clients choose these type of loans with a repayment schedule that meets their needs and fulfills their financial obligations – such loans usually cover the working capital needs for trading and industrial activities. Documentary loans enable clients to improve their cash flow, seize business opportunities and gain time until their goods are cleared, manufactured or stocked.

Term Loans are a structured form of borrowing which is frequently intended for general corporate purposes and may be intended to finance specific transactions, specific assets and the funding requirements that this generates. They are intended for the financing of longer term borrowing requirements as opposed to overdrafts that are for the financing of short-term working capital requirements. 

Drawings against the loan are usually made in one amount, (but not necessarily) and once the entire loan is drawn, further drawings are not permitted even if repayments have reduced the principal amount. Therefore, the limit should be reduced as repayments are received. However, it should be noted that the loan may be phased to reflect the underlying transaction, in these instances the limit is managed in line with the drawings.

Drawings depend on the nature of underlying financing requirement of the client; at times they could be linked to specific events or milestones. Interest is charged on the outstanding balance at an agreed rate and repayment of principal may be made in instalments or by bullet repayments, according to expected cash flow and a pre-agreed schedule. Interest is charged on outstanding balances. Repayment is typically made by fixed monthly, quarterly or annual repayments dependent upon the nature of the underlying transaction, the cash flow it generates and the loan agreement.

Our Syndications department originates, structures and distributes syndicated loans. As one of the leading syndication banks in the MENA region, we offer our clients a full range of financing solutions on a conventional and/or Islamic basis.

Based in Bahrain, the Syndications product team provides support to relationship managers within the Bank ABC Group. The team assists with the origination and structuring of syndicated financings on behalf of government entities, financial institutions and corporate clients, as well as assisting with project and Islamic financing. The department has global responsibility for the distribution of syndicated loans and is widely-recognized as a leading participant in the MENA region’s primary and secondary loan market.

The team has an excellent understanding of the regional loan market, and has good working relationships with the leading regional and international banks operating in the Arab world. Our strengths in structuring, execution and distribution make Bank ABC the ideal partner for the lead arranger role in syndicated financings.

Bank ABC is a market leader in specialized finance practices and offers integrated project and structured finance solutions to clients throughout the Middle East and North Africa, covering a range of key industries including: Petrochemicals; Oil & gas; Power and water; Renewable energy; Mining & metals; Infrastructure; Shipping; Aviation and Telecommunications. Also, Bank ABC is well-positioned to provide financing and advisory services to governments and private institutions for transactions involving the MENA region. The Bank has extensive expertise in structuring, arranging, and syndicating complex transactions along with providing financial advisory services for investments in the Middle East and North Africa. A comprehensive product range is offered to our customers, including:

• Financial advisory (debt and equity), structuring and arrangement services.
• Limited/non-recourse cash flow based financing of green/brownfield projects.
• Hybrid, subordinated, quasi-debt facilities.
• Structured, asset-backed, acquisition/leverage and reserve based finance.

The specialized team’s transaction experience and regional knowledge, combined with the Bank’s wide network of offices in five continents, enable clients to receive highly effective solutions for financing their mega projects.

Bank ABC is positioned to empower the companies to be increasingly efficient and more competitive in today’s challenging and changing business environment. Therefore, our business is not trying to reinvent the way our customers do business. Instead, we are complimenting their existing processes by helping them manage their operating cash flows more efficiently, with greater security, at a lower cost.

Bank ABC introduces innovative products and services to cater to corporate clients’ transaction banking needs. The localized expertise available throughout the bank’s global network ensures that clients’ requirements are met. Our solutions offer the flexibility, operational efficiency and streamlined processes that make corporate business dealings easier to undertake and faster to perfume, locally and across borders.

We provide our corporate clients a multitude pf products and services to carry out transactions:

• Cash and Liquidity Management
• Payments Solutions
• Account Services
• Collection and Reconciliation Solutions
• Payroll Services
• Trade Finance Products and Services
• E-Channels

Furthermore, the presence of the World Bank and its network of branches spread across the Middle East and North Africa allows us to provide various banking services to many of our clients from financial institutions.

Benefits for your business:

• Establish efficient operating account structures 
• Speed up collection cycle through cash, cheques, and inward remittances
• Maximize returns on surplus cash 
• Reduce administrative and transaction costs through lower payment fees
• Have total control over cash flows through real-time reporting on electronic channels

Bank ABC- Jordan is uniquely positioned to empower their customers to be increasingly efficient and more competitive in today’s challenging, and ever-changing business environment. 

The extensive corporate banking experience; reinvestment in technology, innovative products, global presence and staff expertise have earned the bank a distinct place among competitors in trade finance solutions.

Bank ABC Trade Finance offers fast, efficient, reliable and comprehensive solutions along the client’s trade value chain by combining international trade risk mitigation products and services with custom-made solutions for structured trade and export finance by understanding our clients’ business and recommending the best trade structures through our experienced staff.

Our product offerings extend between traditional trade products to structured trade and export finance, and includes:​

1. Letters of Credit (LCs)
   • Irrevocable Unconfirmed LC
   • Irrevocable Confirmed LC 
   • Revolving LC (Automatic, Non Automatic, Cumulative, Non- Cumulative)
   • Payment / Sight LC
   • Acceptance LC
   • Deferred Payment LC  
   • Negotiation LC 
   • Standby LC
   • Transferable LC
   • Back to Back LC
2. Documentary Collections (D/Cs)
   • Documents Against Payment.
   • Documents Against Acceptance.
   • Documents Against Avalization.
3. Letter of Guarantees
   • Bid Bond.
   • Performance Bond.
   • Advance Payment Guarantee.
   • Retention Bond.
   • Maintenance Guarantee.
   • Payment Guarantee.
   • Warranty Bond.
   • Others
     
4. Trade Loans
5. Post-Import Finance
6. Pre-Export Finance