The International Finance Corporation (IFC), a member of the World Bank Group, is preparing to launch a €60 million investment vehicle in Morocco in partnership with EOS Holding GmbH, according to sources familiar with the matter. The initiative aims to address the growing market for non-performing loans (NPLs) in the country.
As of recent data, Morocco's banking sector has seen a rise in non-performing loans, with the NPL ratio reaching around 8.8% in 2023, according to the central bank. The new vehicle would invest in purchasing and managing these distressed assets, potentially helping banks clean up their balance sheets and improve credit availability.
The partnership between IFC and EOS, a German company specializing in debt collection and receivables management, is expected to bring international expertise to the Moroccan market. The vehicle would target both corporate and retail NPLs, with a focus on sustainable debt resolution.
Neither IFC nor EOS has officially confirmed the details, and the final structure and timeline remain subject to regulatory approvals. The move aligns with IFC's broader strategy to support financial sector stability in emerging markets.
