The Foundation is expanding its area of intervention alongside the BPI

By François-Edouard Drion, BPI Crédit Agricole

The Crédit Agricole Group's International Proximity Bank (BPI) joined forces with the Grameen Crédit Agricole Foundation in 2017, developing a partnership for its two banks in the Mediterranean Basin, Crédit Agricole Egypt and Crédit du Maroc.

The BPI and these two institutions pay particular attention to promoting inclusive finance in their regions, as part of their CSR strategy. The Grameen Crédit Agricole Foundation contributes its expertise in developing the microfinance sector.

In Egypt and Morocco, the Grameen Crédit Agricole Foundation's recognized expertise has enabled us to offer innovative financing solutions for microfinance institutions, which uniquely position us in the market. They fully support our values of proximity, local utility, and ethical and responsible finance. This allows us to generate a positive social impact while promoting a profitable economic model.

We hope that this partnership model will also be implemented in Serbia. Other countries are under consideration.

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Source : Annual Report 2017