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.
15/11/2022 at 15h25, by Africa Business+
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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