Saham Bank has signed a strategic agreement with the International Finance Corporation (IFC), the financial arm of the World Bank Group, to guarantee up to 50% of a $500 million corporate loan portfolio. The deal marks a significant step in the bank’s commitment to building a more resilient economy and promoting sustainable finance in Morocco.
At the core of the agreement is a credit risk-sharing mechanism that will allow Saham Bank to expand its lending capacity to Moroccan businesses, with a particular focus on key sectors such as industry, services, infrastructure, and innovation. In a global climate of economic uncertainty, this move not only ensures continued access to financing but also sends a strong message of support to the country’s business community.
But the partnership goes beyond financial strategy. It represents a broader shift toward responsible banking. By aligning itself with the environmental, social, and governance (ESG) standards promoted by the IFC, Saham Bank is raising its own internal benchmarks while encouraging clients to transition toward more sustainable business models. This reflects a growing recognition that responsible finance is no longer optional—it’s essential for long-term success.
This agreement also represents a test of maturity for Morocco’s banking sector. The IFC’s decision to collaborate with Saham Bank is a vote of confidence in the country’s financial institutions, recognizing both their stability and potential. At the same time, it raises expectations around transparency, risk management, and social impact, pushing the sector to meet global standards.
