Attijariwafa Bank Egypt, backed by Morocco’s royal family, unveils $10 million SME facility
Attijariwafa Bank Egypt and IFC launched a $10 million risk-sharing facility to expand SME lending, boost jobs, and support women-led businesses.
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Attijariwafa Bank Egypt and IFC launched a $10 million risk-sharing facility to expand SME lending, boost jobs, and support women-led businesses.
As the value of the royal family’s stake continues to rise, so does its influence in the country’s financial sector.
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
Through Al Mada, his royal family office, King Mohammed VI of Morocco lays claim to the largest fortune by any Moroccan on the Casablanca Stock Exchange.