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Belt and Road: BMCE BoA first Bank in Morocco and Africa to support “Green Investment Principles”

BMCE Bank of Africa is the first Bank in Morocco and Africa to support the “Green Investment Principles” – GIP – under the Chinese Belt and Road Initiative. Launched in November 2018, GIPs are intended to guide financial institutions and businesses in adopting best practices in environmental and social risk management, green finance and supply chain management in their investments and operations within the Belt and Road region.

BMCE Bank of Africa joins 30 financial institutions including commercial banks, development banks, institutional investors, stock exchanges and other stakeholders who invest or help mobilize investments in the Belt and Road region.

The Belt and Road Initiative (BRI) is delivered through a global development strategy, adopted by the Chinese Government, which provides infrastructure development and investment in 152 countries and international organizations in Asia, Europe, Africa, Middle East and the Americas.

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