The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal

EIB Allocates $482mn to support Moroccan Firms

The European Investment Bank (EIB) Group has allocated $482mn (€440mn) to back Moroccan firms in combating the novel global virus impact on liquidity. Emma Navarro, vice-president of the bank; said in a press conference in Brussels that the EIB will mobilize existing lines of credit, whose outstanding amount to date is €440mn. This is to...

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