Bank of Africa receives €50m from EBRD
The European Bank for Reconstruction and Development (EBRD) is expected to approve on 14 June a credit line to Morocco’s third-largest bank to support long-term financing for small and medium-sized enterprises in the country.
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▪ Bank of Africa receives €50m from EBRD
▪ The European Bank for Reconstruction and Development (EBRD) is expected to approve on 14 June a credit line to Morocco’s third-largest bank to support long-term financing for small and medium-sized enterprises in the country.
▪ https://www.africabusinessplus.com/en/815674/bank-of-africa-receives-e50m-from-ebrd/
The loan of up to €50 million will allow the Bank of Africa (BOA) – BMCE Group – to finance its foreign currency operations in the complex context of the war in Ukraine.
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