BMCE - Investment in Eurobond issue
Sector: Residential • Location: Morocco
Source: European Bank for Reconstruction and Development (EBRD)
Translated version of this PSD: French The EBRD has invested USD 60 million in a USD 300 million debut senior unsecured Eurobond by Banque Marocaine du Commerce Extérieur (“BMCE”). BMCE shall increase the aggregate size of its Loan Portfolio to Micro, Small and Medium-sized Enterprises (“MSMEs”) in Morocco by more than an equivalent amount. The investment will increase access to funding for Morocc
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | complete |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Translated version of this PSD: French The EBRD has invested USD 60 million in a USD 300 million debut senior unsecured Eurobond by Banque Marocaine du Commerce Extérieur (“BMCE”). BMCE shall increase the aggregate size of its Loan Portfolio to Micro, Small and Medium-sized Enterprises (“MSMEs”) in Morocco by more than an equivalent amount. The investment will increase access to funding for Moroccan MSMEs, and supported a debut bond issue by a Moroccan bank. BMCE, incorporated as a public joint stock company under the laws of Morocco, is one of the largest Moroccan banks by assets. USD 60 million investment in the 5-year senior unsecured bond issue. USD 60 million. Categorised FI: BMCE has capacity to implement the EBRD's E&S requirements in compliance with Performance Requirements 2 and 9. BMCE will submit Annual Environmental and Social Reports to the EBRD. None. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |