EBRD lends to CaixaBank to fund Moroccan SMEs

The European Bank for Reconstruction and Development is to lend Dh217m (€20m) to CaixaBank to fund small and medium enterprise (SME) lending in Morocco.

  • By Sam Kerr
  • 26 Sep 2017

EBRD is lending in two tranches to CaixaBank Succursale au Maroc (CBM) the bank's subsidiary in the country.

As part of its country plan for Morocco, the EBRD is looking to increase the country’s access to risk capital, especially in local currency, in order to develop its private ...

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