VOL. XLIV
No. 09
26-February-2001
MOROCCO
Nine Moroccan Banks Sign $140Mn Refinancing Deal For CIH
Nine Moroccan banks on 14 February signed a $140mn refinancing package to restructure Credit Immobilier et Hotelier (CIH), according to the bankers association Groupement Professionnel des Banques du Maroc (GPBM). The nine banks involved are Wafabank, Banque Marocaine pour le Commerce et lIndustrie (BMCI), Banque Commerciale du Maroc (BCM), Banque Marocaine du Commerce Exterieur (BMCE), state-run...
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