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China Development Bank Loans $100 Million to Attijariwafa Bank to Promote Moroccan SMEs

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Beijing - Attijariwafa Bank and China Development Bank signed, here Friday, a loan agreement of $ 100 million to promote Moroccan small and medium enterprises (SMEs).

The agreement was signed by Attijariwafa Bank CEO, Mohamed El Kettani, and vice-president of China Development Bank, Zhang Xuaguang, on the margins of the Moroccan-Chinese Business Forum, held under the theme "promising prospects for an excellent strategic partnership".

China has shown its willingness to support the projects of Moroccan and African SMEs, their creation, development and the expansion of their activities, El Kettani told MAP.

"This is a very interesting loan with very competitive conditions", he added.


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