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- Operations
- Banque Populaire de Mauritanie (BPM)
Banque Populaire de Mauritanie (BPM)
Mauritania
| Borrower | Banque Populaire de Mauritanie (BPM) |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Financial |
| Approved | 18.03.2014 |
| Signed | 17.11.2014 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| OPEC Fund Contribution (US$m) | 5.00 |
This US$5m loan will help the bank with its on-lending to clients by leasing to provide long term finance to Mauritanian enterprises to enhance their commercial and operating facilities. The funding will be eligible to finance leases across all of the bank’s main sectors of activity, such as industry, services, building and public works, agriculture, fishing, health, tourism, transport and commerce.