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06/18/2009
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MAGHREB CONFIDENTIAL
N°884
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MOROCCO
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Securitization: Karzazi Spurs Rivalry
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With the Credit Immobilier et Hotelier (CIH) poised to raise 1 billion DH (EUR 88 million) on June 23 in a rights issue on real estate debt, Morocco’s banks are displaying an increasing interest in the securitization market. (...)
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