21 December 2020
By the end of the year, it is likely that the Caisse Centrale de Garantie (CCG), the main player in monitoring and facilitating access to financing in the Kingdom, will total (…)
9 December 2020
A total of 80,000 small and medium-sized enterprises have been saved from bankruptcy thanks to Morocco’s loan guarantee programs. The announcement was made by the Minister of (…)
7 December 2020
As of December 4, 2020, nearly 50 billion dirhams have been mobilized under the guaranteed loan scheme, as part of the national economic recovery plan. This was stated last (…)
5 December 2020
In Morocco as in Nigeria, due to the health crisis, the percentage of non-performing loans will reach double digits. Even if the prospects for African banks will be stable in (…)
5 December 2020
A loan agreement of $200 million from Japan has been granted to Morocco. Its objective is to support the Kingdom’s efforts in the fight against the Covid-19 pandemic.
2 December 2020
The Moroccan banking system recorded, at the end of September, 80 billion DH in unpaid loans, or 8.5% of the outstanding bank loans. However, some banks have stated that these (…)
25 November 2020
As of the end of September 2020, the number of beneficiaries of the deferral of the maturities of real estate and consumer loans for people impacted by the health crisis (…)
25 November 2020
Banks will lend less and less to households in Morocco. After noting a sharp slowdown in the repayment pace, they are tightening credit granting conditions.
16 November 2020
New recommendations from Bank Al-Maghrib (BAM) are expected at the beginning of 2021. They concern the conditions for granting loans by banks and consumer credit companies.
15 November 2020
Parliamentarians in the House of Representatives have suggested financial assistance for young Moroccan newlyweds, based on the "marriage accounts" mechanism put in place by (…)