Sixth Line of Credit to the BNDE
Sector: Water Supply and Storage • Location: Morocco
Source: African Development Bank (AfDB)
The present intervention relates to the sixth line of credit at the National Bank for Economic Development (BNDE). The project consists of the granting to BNDE a credit line (LOC) of UA 70 million. This LOC covers a portion of BNDE's long-term resource requirements for the financing of direct and indirect needed for projects of creation, extension and renovation of SMEs / SMIs in Morocco. To be el
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
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 | The present intervention relates to the sixth line of credit at the National Bank for Economic Development (BNDE). The project consists of the granting to BNDE a credit line (LOC) of UA 70 million. This LOC covers a portion of BNDE's long-term resource requirements for the financing of direct and indirect needed for projects of creation, extension and renovation of SMEs / SMIs in Morocco. To be eligible for this line of credit, any project must necessarily meet a certain number of eligibility criteria defined in the African Development Bank's LOC policy. For the retrocession of the proceeds of the loan, BNDE had to apply the prevailing interest rate. This project, by creating permanent jobs, should help to reduce unemployment. In addition, it plays the role of strengthening social cohesion and the fight against poverty. |
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 |