SAHAM BANK Secures €55 Million From EBRD to Boost Green Finance in Morocco

Casablanca, Morocco, July 18, 2025-(WireSAHAM confirmed its dedication to inexperienced financing by way of a strategic partnership with the European Financial institution for Reconstruction and Improvement (EBRD), in keeping with the newly launched inexperienced financing facility (Geff Plus).

With the help of the Inexperienced Local weather Fund (GCF), the European Union (European Union), and the Canada authorities (by way of the HipCA Fund), the initiative shall be packed 55 million euros of financing for SAHAM Financial institution. This funding shall be directed to 2 devoted credit score strains geared toward accelerating the inexperienced transition to the personal sector in Morocco.

Along with monetary help, the partnership is funded by the European Union and GCF, as a part of the carbon elimination program and local weather flexibility in Morocco. This help will assist improve the inner capabilities of Shams Financial institution in inexperienced financing and develop banking merchandise which might be in step with environmental challenges.

This cooperation represents an vital landmark within the sustainable growth technique of Shams Financial institution. It emphasizes the financial institution’s lengthy -term imaginative and prescient to boost a accountable banking mannequin, specializing in inexperienced development and creating the sustainable worth of the Moroccan economic system.

This course of reveals the dynamic transformation that the financial institution began after altering possession. Its path is guided by the imaginative and prescient of the Saham Group, headed by Moulay Hafid Ellamy, who can also be the pinnacle of the SAM Financial institution Supervision Council.

A outstanding Moroccan economist, who combines sturdy native roots with a global look, works in extremely succesful Shams group resembling financing, buyer, training, agriculture and actual property.

About Samham Financial institution

The Samaham Financial institution was established in 1913, and it was previously Société Générale Marocaine de Banques (SGMB) – he is likely one of the oldest banking establishments in Morocco and essentially the most respectable. Over the previous century, it performed a serious function within the nation’s financial growth. Saham Financial institution serves numerous purchasers, together with people, professionals and firms, and gives a complete vary of economic services and products designed to satisfy their wants. The financial institution continues to be dedicated to innovation, high quality of service and sustainable growth, whereas persevering with to strengthen its place as a serious participant within the Moroccan banking sector.

supply: Aetoswire

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Communication authorities

Zohra Mapshour
Shams Financial institution
+212522438462 / +212674990568
Zohra.mabchour@soCgen.com