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    Reference: 20160693
    Release date: 8 May 2017

    Promoter – Financial Intermediary

    ATTIJARIWAFA BANK

    Location

    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)

    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 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