Tag: EBRD

EBRD opens new office in Morocco
Global

EBRD opens new office in Morocco

The EBRD is strengthening its outreach in Morocco with the opening of a second office in the city of Tangier in the north-west of the country. This is the first office of a multilateral development bank to open in the northern city. The office will target the local economy of […]

EBRD to boost local currency lending in Morocco
Global

EBRD to boost local currency lending in Morocco

The EBRD and Morocco are joining forces to develop local currency lending to small businesses and provide affordable loans to Moroccan banks and microfinance organisations. Marie-Alexandra Veilleux-Laborie, EBRD Director for Morocco, signed a Memorandum of Understanding today with Morocco’s Ministry of Economy and Finance and the Central Bank (Bank Al […]

SMEs in Morocco to access EUR20 million EBRD loan
Global

SMEs in Morocco to access EUR20 million EBRD loan

The European Bank for Reconstruction and Development (EBRD) is helping to further increase financing to small- and medium-sized enterprises (SMEs) in Morocco by providing Dh 217 million in local currency (up to EuR20 million). The loan is provided in two equal tranches to CaixaBank Succursale au Maroc (CBM), for on-lending […]

EBRD President Suma Chakrabarti ends visit to Georgia
Global

EBRD President Suma Chakrabarti ends visit to Georgia

EBRD President Sir Suma Chakrabarti has visited Georgia for meetings with the government and to participate as a guest at the Investors’ Council on his current tour of the Caucasus. During his third visit as EBRD President Sir Suma met the Prime Minister Giorgi Kvirikashvili, Deputy Prime Minister and Minister […]