SAHAM BANK has reaffirmed its commitment to green finance through a partnership with the European Bank for Reconstruction and Development (EBRD), under the Green Economy Financing Facility Plus (GEFF Plus). Supported by the Green Climate Fund (GCF), EU, and Canada’s HIPCA fund, the initiative will mobilize €55 million for SAHAM BANK through two credit lines to boost Morocco’s private sector green transition.
This partnership also offers EU and GCF-funded technical assistance to strengthen SAHAM BANK’s green finance capabilities and develop eco-friendly banking products.
This milestone highlights SAHAM BANK’s sustainable development strategy, emphasizing responsible banking focused on green growth and long-term value creation. And it reflects the bank’s transformation following the change in ownership, driven by SAHAM GROUP’s vision, led by its Chairman, Moulay Hafid Elalamy.
