SME financing : BOA (BMCE Group) seeks IFC support for sub-Saharan subsidiaries

SME financing : BOA (BMCE Group) seeks IFC support for sub-Saharan subsidiaries

The institution is renewing its confidence in the pan-African bank, which is strengthening its engagement with smaller companies. 

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            ▪ SME financing : BOA (BMCE Group) seeks IFC support for sub-Saharan subsidiaries

▪ The institution is renewing its confidence in the pan-African bank, which is strengthening its engagement with smaller companies. 

https://www.africabusinessplus.com/en/813808/sme-financing-boa-bmce-group-seeks-ifc-support-for-sub-saharan-subsidiaries/

Given the risks that SMEs can represent, banks are multiplying agreements with development institutions to secure their accounts. In recent weeks, the teams of Amine Bouabid – executive director of Bank of Africa (BOA) in charge of operations south of the Sahara – have submitted applications to the International Finance Corporation (IFC) seeking significant financial support.

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