Facilitating access to housing for all! The International Bank for Industry and Commerce of Benin (BIIC) is committed to inclusive development by joining the WAEMU Affordable Housing Promotion Program.
By signing a partnership agreement with the WAEMU Regional Mortgage Refinancing Fund (CRRH-UEMOA), the BIIC is strengthening its efforts to support low- and middle-income households, enabling them to access competitive financing for their real estate projects.
- A program supported by the World Bank, which aims to offer long-term mortgage loans to financial institutions in the sub-region, thus guaranteeing more advantageous conditions for the population.
- An ESG commitment: The BIIC, under the leadership of Mr. Arsène M. DANSOU, places this initiative at the heart of its Environment, Social and Governance (ESG) strategy, with a clear objective: to positively impact access to housing and support sustainable development in Benin.
- By joining this program, BIIC benefits from the financial solidity of CRRH-UEMOA, in particular its AA+ rating awarded by Moody's and West Africa Rating Agency, a guarantee of reliability and transparency.
BIIC reaffirms its key role as a leading local investor, notably by supporting the government's 20,000 housing project.
According to Mr. Arsène M. DANSOU, Managing Director of BIIC, "We wanted to be present alongside CRRH-UEMOA because this initiative is perfectly aligned with our mission as a bank committed to development. By facilitating access to housing, we are making a concrete contribution to improving people's living conditions and to Benin's economic development."
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