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.
10/05/2023 at 21h22, by Africa Business+
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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