Rabat - The "Crédit Agricole Du Maroc" group was elected as the best development finance institution in Africa in 2017 by the Association of African Development Finance Institutions (AADFI).
Rabat – The “Crédit Agricole Du Maroc” group was elected as the best development finance institution in Africa in 2017 by the Association of African Development Finance Institutions (AADFI).
“Crédit Agricole Du Maroc” topped the list of the 33 best-performing financing and development institutions, and was ranked first on the 2017 AADFI Honor Roll, relating to AADFI standards, prudential devices and evaluation systems, said the group in statement.
More than 80 African financial institutions were in the running. The evaluation criteria for this award are good governance, financial soundness and commercial efficiency.
The Association of African Development Finance Institutions (AADFI) is an international organization established under the auspices of the African Development Bank (ADB) in 1975.
AADFI brings together banks and financial institutions involved in financing development for the public and private sectors in Africa.