An ARIZ guarantee to MCB Madagascar to increase its support to SMEs
Madagascar
Mauritius Commercial Bank Limited (MCB) Madagascar has been operating in the country since 1992. The bank employs 126 people there and has 10 branches, including 6 in the capital Antananarivo.
The portfolio guarantee allocated by Proparco will allow MCB Madagascar to offer loans with a 50% guarantee from AFD to SMEs in Madagascar.
The guarantee will cover an SME loan portfolio of up to EUR 2m and thereby increase its financing for SMEs in Madagascar.
This information is given at the time of signature, without prejudice to any developments in the operation/project