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Reference: 20190053
Release date: 10 November 2020

Promoter – Financial Intermediary

CAM LEASING SA,CREDIT AGRICOLE DU MAROC SA

Location

Description

Loan for small and medium-sized enterprises (SMEs) and mid-caps to support investments in the bioeconomy, including agriculture, agro-industries and their upstream and downstream value chains.

Objectives

Financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps within, predominantly, bioeconomy value chains.

Sector(s)

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

not applicable

Environmental aspects

The Bank will require the intermediary institution to take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards.

Procurement

The Bank will require the intermediary institution to take all the requisite measures to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with the EIB Guide to Procurement.

Status

Signed - 14/09/2020

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Morocco Credit lines