We use Cookies. Read our Terms
- Where we work
- 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.