Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

18 Sep 2012



PSD disclosed:

13 Aug 2012

Translated version of this PSD: French

Project Description

The EBRD is considering the provision to Société Générale Marocaine de Banques (“SGMB”) of a senior loan of €20 million to on-lend to micro, small and medium-sized enterprises (MSMEs) in Morocco.

Transition Impact

The loan will increase the access to funding of Moroccan MSMEs, provide a transfer of skills to selected m-icro and small enterprise clients through workshops and potentially increase competition in the Moroccan banking sector in the MSME segment.

The Client

Société Générale Marocaine de Banques.

EBRD Finance

Senior loan of €20 million.

Project Cost

€20 million to be provided in euros.

Environmental Impact

Categorised FI: SGMB will be required to comply with EBRD’s PRs 2& 9, adhere to the EBRD’s Environmental and Social Exclusion and Referral Lists and implement the EBRD’s Environmental and Social Procedures for Corporate Lending. SGMB will submit Annual Environmental and Social Reports to the EBRD.

Technical Cooperation

Workshops will help selected micro and small enterprises improve their understanding of bank services, the quality of their loan applications, and their financial and management skills. This training will be provided by EBRD’s Small Business Services department.

Company Contact

Thomas Girod, Principal Banker, Financial Institutions Group, EBRD –


Business opportunities

For business opportunities or procurement, contact the client company.

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