Release date: 8 May 2017
Promoter – Financial Intermediary
ATTIJARIWAFA BANKLocation
Description
A dedicated EIB Loan to finance small and medium-sized enterprises (SMEs) and mid-caps in Morocco via medium/long-term lending and leasing schemes
Objectives
Improving access to finance at favourable conditions
Sector(s)
- Credit lines - Credit lines
Under ELM Guarantee
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require the intermediary institution to take all requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing comply with national legislation and the EIB's environmental and social standards, as set out in Vol I of the EIB Environmental and Social Handbook.
Procurement
The Bank will require the intermediary institution to take all the requisite measures to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with EIB Guide to Procurement.
Status
Signed - 29/12/2017
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).