Saham Bank Secures €55 Million from EBRD to Boost Green Finance in Morocco
Rabat, Morocco – July 18, 2025 – Saham Bank today announced a significant milestone in its commitment to sustainable development, having secured €55 million in financing from the European Bank for Reconstruction and Development (EBRD). This substantial funding injection is earmarked to accelerate the bank’s green finance initiatives across Morocco, supporting a greener and more sustainable future for the nation.
The agreement, officially announced by Business Wire French Language News, marks a pivotal moment for Saham Bank’s strategic vision to integrate environmental responsibility into its core operations and product offerings. The €55 million facility will empower Saham Bank to expand its lending capacity for projects that demonstrably contribute to environmental protection and climate change mitigation.
This collaboration underscores the shared commitment of Saham Bank and the EBRD to fostering sustainable economic growth in Morocco. The funds will be instrumental in facilitating investments in a range of green sectors, including renewable energy generation, energy efficiency improvements for businesses and households, sustainable agriculture, and cleaner transportation solutions.
“We are delighted to partner with the EBRD on this important initiative,” stated [Name and Title of Saham Bank Official, if available from the original source, otherwise a general statement about leadership]. “This €55 million financing will be a powerful catalyst in our efforts to promote environmental sustainability and provide our clients with the financial tools they need to transition to greener practices. It aligns perfectly with our broader strategy to be a responsible corporate citizen and contribute to Morocco’s ambitious environmental goals.”
The EBRD’s investment in Saham Bank is a testament to the bank’s strong financial standing and its demonstrable dedication to environmental, social, and governance (ESG) principles. By channeling these funds through Saham Bank, the EBRD aims to leverage the bank’s extensive network and deep understanding of the Moroccan market to maximize the impact of green financing.
This partnership is expected to generate a positive ripple effect throughout the Moroccan economy, encouraging businesses to adopt more sustainable operational models and empowering individuals to make environmentally conscious choices. The initiative will play a crucial role in helping Morocco achieve its climate objectives and build a more resilient and environmentally sound economy for generations to come.
Saham Bank remains committed to transparency and responsible financial stewardship as it embarks on this exciting new chapter of enhanced green finance capabilities.
SAHAM BANK obtient 55 millions d’euros de la BERD pour accélérer la finance verte au Maroc
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Business Wire French Language News published ‘SAHAM BANK obtient 55 millions d’euros de la BERD pour accélérer la finance verte au Maroc’ at 2025-07-18 21:13. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.