Release date: 3 October 2016
Promoter – Financial Intermediary
BANQUE MAROCAINE DU COMMERCE EXTERIEURLocation
Description
A dedicated EIB loan to finance projects promoted by small and medium-sized enterprises (SMEs) and mid-caps in Morocco
Objectives
Improving access to finance at favourable conditions
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 23/11/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).