Emerging Markets Finance Headlines Morocco

Société Générale Morocco rebrands to Saham Bank

Subsidiary of French bank Société Générale has officially rebranded to Saham Bank, six months after Saham Group completed the acquisition. Société Général sold its Moroccan bank and its insurance subsidiary to Saham Group in 2024, worth 745 million euros. The transaction, which involved the acquisition of 57.67% of SGMB’s capital and voting rights, was first […]

Europe Finance Headlines International Maghreb Morocco

EBRD Lends €20 Mln to Moroccan SGMB Bank to Support Green Projects

The European Bank for Reconstruction and Development (EBRD) has approved a €20 million loan for Société Générale Maroc to enable the bank support SMEs involved in value chains and their green investments. The loan is part of an EBRD program focusing on improving SMEs participation in value chains supported by the European Union and the […]