Bank & Insurance
Mohamed Zmander (Enda Tamweel) obtains a €50m ($56.8m) syndicated loan from FMO

Mohamed Zmander (Enda Tamweel) obtains a €50m ($56.8m) syndicated loan from FMO

The Managing Director, who has been in office since last September, will receive significant financial support for the Tunisian Microfinance Institute.

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            ▪ Mohamed Zmander (Enda Tamweel) obtains a €50m ($56.8m) syndicated loan from FMO

▪ The Managing Director, who has been in office since last September, will receive significant financial support for the Tunisian Microfinance Institute.

http://www.jeuneafriquebusinessplus.com/en/803454/mohamed-zmander-enda-tamweel-obtient-un-pret-syndique-de-fmo-pour-50-millions-e/

10/03/2020 at 17h28, by Aurélie Benoit, updated 11/03/2020

FMO, the Danish development agency, signed an agreement on 3 March this year for a loan worth the equivalent of €20m ($22.7m) in dinars to Enda Tamweel. At the same time, the Scandinavian institution undertook to syndicate a further €30m ($34m) from donors on the continent.

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