Translated version of this PSD: French
The EBRD is considering providing a loan to Banque Centrale Populaire for an amount of up to €100 million. The operation will enable Banque Centrale Populaire, as well as the related ten regional popular banks, to increase their lending to micro, small, and medium-sized entreprises (“MSMEs”) operating in Morocco
The transition impact of the project is expected to derive from market expansion by providing funding to MSMEs. With its extensive network, built around the 10 Banques Populaires Regionales, BCP has a unique capacity to reach MSMEs in the Moroccan regions
Banque Centrale Populaire (BCP). BCP is the central entity of the Moroccan mutual banking group Groupe Banque Centrale Populaire (“GBCP”). GBCP is composed of BCP, 10 regional mutual banks and a number of subsidiaries.
Senior loan of €100 million.
€100 million to be provided in EUR.
Categorised FI. Banque Centrale Populaire (BCP) will be required to comply with the EBRD's Performance Requirements 2 and 9 and submit annual environmental and social reports to the EBRD.
Financial Institutions Group
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Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (firstname.lastname@example.org) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.