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$968,174.00 (Project budget includes all project-funded activities)
Last Updated Date
Dec 19, 2025
Project Estimated Start Date
Jul 1, 2020
Project Estimated End Date
Jun 28, 2024
Project Description
The project aims to enable the creation of a secondary market for NPLs in Morocco, mainly through facilitating NPL sales. To achieve this, the project focuses on (i) removing legal debt-transferability obstacles, (ii) revising the tax framework for NPLs, and (iii) supporting the debt servicing ecosystem.
Development Results
3 year post-completion, the project aims to facilitate $45 million of investment in NPL secondary market.
Indicator
Cumulative
Number of recommended laws/regulations/amendments/codes enacted or government policies adopted
0
Number of new laws/regulations/amendments/codes/government policies drafted, or contributed to the drafting
0
Value of IFC financing facilitated (US$)
0
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
0
Number of workshops, training events, seminars, conferences, etc.
0
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its due diligence, and as mandated by IFCs Sustainability Policy, IFC team has screened this project to assess consistency with IFC Performance Standards.
IFCs advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the Moroccan central bank and other public stakeholders as final decision makers, in gaining a good understanding of IFCs performance standards.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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