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    Reference: 20160575
    Release date: 3 October 2016

    Promoter – Financial Intermediary

    BANQUE MAROCAINE DU COMMERCE EXTERIEUR

    Location

    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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Morocco Credit lines