Morroco: CCG launches new financing products to support SMEs
Thursday, 21 February 2019 12:32
In Morroco, Five new financing products for SMEs have been announced by Caisse centrale de Garantie (CCG).
These offers consist in the provision of finance lease guarantees and loans with various maturity periods.
The conditions, as well as the interest rate of each of those solutions, have not been indicated by the Moroccan financial institution.
The new products are aimed at supporting SMEs’ investment projects or help them meet short-term financing needs.
CCG informs that in 2018, it guaranteed MAD20.5 billion loan for Moroccan SMEs; this represents a 6% rise on a year on year basis.
Chamberline Moko
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