Release date: 30 October 2020
Promoter – Financial Intermediary
CREDIT IMMOBILIER ET HOTELIER
Location
Description
Loan to support investments of Moroccan small and medium-sized enterprises (SMEs) and mid-caps.
Objectives
Financing of small/medium projects carried out by SMEs and mid-caps.
Sector(s)
- Credit lines - Credit lines
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The Bank will require that the intermediary institution take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards.
Procurement
The Bank will require that the intermediary institution 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 - 3/06/2021
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).