European bank grants Morocco 40-mln-euro loan to support small, medium-sized firms


By Yahya
  • World
  • Wednesday, 12 Aug 2020

RABAT, Aug. 11 (Xinhua) -- The European Bank for Reconstruction and Development (EBRD) on Tuesday granted Morocco a 40-million-euro loan to finance its small and medium-sized enterprises affected by the COVID-19 crisis, official news agency MAP reported.

The loan is provided for the local bank Credit Immobilier et Hotelier (CIH), MAP said.

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