This envelope will be broken down into 60,000 new credits to be granted in order to enable them to meet operating needs, relieve their cash flow, maintain, where appropriate, planned investments or even launch new projects, despite a difficult economic situation linked to geopolitical tensions at the international level and the rainfall deficit at the national level, the group said in a press release. And to underline: “Support for SMEs, VSEs, traders and craftsmen has always occupied a central place in the strategy of the Attijariwafa bank group. This commitment has been strengthened over the years, particularly in times of crisis.
Indeed, the current difficult context marked by many uncertainties encourages the Group to further strengthen its support for these essential links in the Moroccan economy. Thus and for the 9th consecutive year since 2014, the Attijariwafa bank group is perpetuating its commitment to support the development of VSMEs in all circumstances”.
In addition to this commitment, Attijariwafa bank is fully in line with the deployment of new TAMWILCOM measures in response to the difficulties caused by the current economic situation in order to benefit companies that have taken out loans guaranteed by the “Damane Oxygen” mechanisms. and “Damane Relance”, and those with new operating needs and investment projects. These measures concern the extension of the duration of loans guaranteed by the “Damane Oxygène” and “Damane Relance” mechanisms by a maximum of 3 years and the raising of the guarantee ceilings per transaction and per counterparty of the “Damane Attasyir” and “Damane Istitmar” schemes. . A special mechanism has also been put in place for operators in the tourism sector by extending the maturities of medium and long-term credits.