The International Finance Corporation, affiliated with the World Bank, announced on Thursday a $50 million loan to Bank Al Maghreb, which will be allocated to support trade-related activities of large and small companies in the country, and help them deal with capital needs.
According to a statement issued by the International Finance Corporation, the loan is part of its strategy to increase access to financing in Morocco to stimulate growth and job creation, coming at a challenging time in the global economy.
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