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- Operations
- Second Line of Credit to BNDE
Second Line of Credit to BNDE
Morocco
Borrower | Morocco |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Financial |
Approved | 19.09.1981 |
Signed | 12.10.1981 |
Status | Completed |
Loan Administrator | KFAED |
Executing Agency | Banque nationale pour le développement économique |
Co-financiers | KFAED, IBRD, EIB |
OPEC Fund Contribution (US$m) | 15.00 |
Total Project Cost (US$m) | 89.50 |
The line of credit is designed to create industrial employment at a reduced cost by providing resources for small entrepreneurs who would otherwise have difficulty in securing sufficient financing for their enterprises.