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    BANKING

    May 25, 2022

    Morocco’s Credit Agricole Renews Cooperation Agreement with Nigeria

    Rabat - Credit Agricole du Maroc (CAM) has renewed a cooperation agreement it signed with the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) in 2016 to promote innovative financing solutions in the field of agriculture.

    Credit"...

    May 16, 2022

    Africa’s Development Bank: Morocco’s Climate Change Strategy Is ‘Exemplary

    Rabat - Morocco has been highly successful in raising and directing funds for sectors relevant to the county’s renewable energy production through state institutions.

    In a new report, Africa’s Development"...

    May 13, 2022

    Bank of Africa: Most Active Issuing Bank in Morocco for 2021

    Rabat - The European Bank for Reconstruction and Development (EBRD) has awarded Morocco’s Bank of Africa (BMCE) with the “most active issuing bank in Morocco in 2021,” tweeted the Moroccan bank on Wednesday.

    This"...

    May 12, 2022

    Mastercard, Credit Agricole to Introduce Innovative Payment Solutions in Morocco

    Fez - Credit Agricole (CAM) has signed a long-term strategic partnership with Mastercard to implement new technologies, products, and services that will render transparent and secure transactions for the Moroccan market.

    With"...

    May 11, 2022

    Bank Al Maghrib: 57% Industrials Satisfied with Morocco’s Business Climate

    Rabat - Morocco’s business climate in the industrial sector during the first quarter of 2022 was “normal” for 57% companies, while 36% said it was “unfavorable,” according to data compiled by the Moroccan central bank, Bank Al Maghrib (BAM).

    In"...

    May 11, 2022

    Dutch Development Bank to Increase Loan Lending Operations In Africa

    Rabat - The Duch development banking group Entrepreneurial Development Bank (FMO) is poised to boost loan guarantees in Africa’s vulnerable countries through the Nassira program.

    FMO plans to broaden the"...

    May 11, 2022

    EBRD, Bank Al-Maghrib and GPBM join forces to support climate risk management in Morocco

    The European Bank for Reconstruction and Development (EBRD), Bank Al-Maghrib and Groupement Professionnel des Banques du Maroc (GPBM) are joining forces to support climate and environmental risk management and to promote green finance in Morocco.

    The"...

    May 10, 2022

    EBRD Supports Climate and Environmental Risk Management in Morocco

    Rabat - The European Bank for Reconstruction and Development (EBRD) signed today a Memorandum of Understanding (MoU) with Bank Al-Maghrib and Groupement Professionnel des Banques du Maroc (GPBM), to promote green finance and support climate and environmental risk management in Morocco.

    "...

    May 9, 2022

    Moroccan Dirham Edges Higher Against Euro, Declines Against US Dollar

    Morocco’s currency, MAD rose slightly higher by 0.18% against the euro in the week between April 28, and May 4.

    Over the same period, the Moroccan dirham fell by 0.33% against the US Dollar, according to"...

    May 6, 2022

    Marrakech to Host EBRD Annual Meeting on May 10

    Rabat - The European Bank for Reconstruction and Development (EBRD) announced on Thursday that it will have its 31st Annual Meeting and Business Forum in the Palais des Congres in Marrakech.

    The Forum will start"...

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