BAM source: Morocco’s planned bad-debt sales framework does not entail debt forgiveness

A planned investment project by the International Finance Corporation (IFC) and German group EOS to purchase nonperforming loans and recovered assets in Morocco has sparked debate over whether the initiative could result in borrowers’ debts being canceled. A source familiar with the matter at Bank Al-Maghrib, Morocco’s central bank, told Hespress AR that the project […] The post BAM source: Morocco’s planned bad-debt sales framework does not entail debt forgiveness appeared first on HESPRESS English - Morocco News.