Signature of 3 guarantee agreements relating to loans granted by the EBRD

Morocco: Signature of 3 guarantee agreements relating to loans granted by the EBRD Rabat – In Morocco, the Minister of the Economy, Finance and Administration Reform, Mohamed Benchaâboun, on Tuesday signed three guarantee agreements relating to loans granted by the European Bank for Reconstruction and Development (EBRD) for a total amount of 300 million euros […]

SMEs: EBRD grants CIH funding of $ 40 million

To finance SMEs and foreign trade in Morocco, the CIH Bank and the European Bank for Reconstruction and Development (EBRD) are co-deploying 40 million euros (just over 370 million dirhams). This is the third bank in the area to obtain a line of financing. These commitments fall within the framework of the EBRD Solidarity Envelope […]

The EBRD and CIH Bank co-deploy 40 million euros to support small and medium-sized enterprises and foreign trade in Morocco

The agreement was signed by the CEO of CIH-Bank, Lotfi Sekkat and the CEO in charge of financial institutions at the EBRD, during a signing ceremony held online. This agreement is in line with CIH-Bank’s commitment to actively participate in economic recovery efforts by providing enhanced support to Moroccan SMEs, and by ensuring financing solutions […]

EBRD grants € 40m in financing to Morocco

SHARE EBRD grants € 40 million in financing to Morocco The European Bank for Reconstruction and Development (EBRD) announced on Tuesday support for small businesses and trade in Morocco with funding of 40 million euros granted to Crédit Immobilier et Hôtelier (CIH). The virtual signing ceremony of the financing agreement took place in the presence […]

COVID-19: BCP and EBRD support businesses in Morocco

The Banque Centrale Populaire (BCP) and the European Bank for Reconstruction and Development (EBRD) proceeded, this Thursday, July 23, to the signing of an agreement for a loan of 100 million dollars in order to face the impact of the COVID-19 pandemic on the Moroccan economy. This loan, granted within the framework of the EBRD’s […]

Covid-19: The EBRD disburses nearly 300 million euros in favor of Morocco during the first half of 2020

APA-Rebate (Maroc) The European Bank for Reconstruction and Development (EBRD) has disbursed nearly 300 million euros in favor of Morocco, during the first half of 2020, against more than 110 million dollars in 2019, indicated the banking institution which comes to take stock of its contributions to support countries in dealing with the Covid-19 pandemic. […]