1. SJL in the lap of the South African giant Investec Asset Management: "The Moroccan transporter and logistician SJL passes into the lap of an Anglo-South African group. The investment fund Investec Asset Management has in fact acquired all the shares in its operation, a first of its kind, in the kingdom. The deal should not stop there, since Investec Asset Management has announced its wish to back up a local Moroccan investment fund. This should enable it to realize its strategic plan, with an investment of more than 40 million Euro and the creation of more than 500 jobs between Europe and Africa. SJL also intends to increase the frequency of its crossings in the upcoming years."
2. BMCI introduces the one-way variable rate: "The competition on the property loans is pushing the banks to innovate more. BMCI will introduce the degressive variable rate housing loan for active young people. This offer protects the subscribers from the increases in reference rates. On the other hand, they should take advantage of the decreases without the subscription rate exceeding a floor level."
3. Real estate loans: The DGI and CIH Bank dematerialize the TI: "The Directorate General of Taxes (DGI) and CIH Bank have just signed an agreement related to the dematerialization of the procedure for the restitution of the Tax Income (TI), in respect of the interest on loans destined to the acquisition or construction of dwellings for main residential purposes. This agreement was signed by Omar Faraj, the General Manager of DGI and Ahmed Rahhou, the CEO of CIH Bank. It generally focuses on the simplification of the mode of restitution of the TI. It must be said that this approach is part of the dematerialisation process opened for almost two years by the DGI."
4. The Big 5 Construct North Africa takes its first steps towards Morocco: "The first regional edition of the BIG 5 Construct will be launched in Casablanca from the 25th to the 27th of April. Three days of fair where architects, engineers and contractors will have the opportunity to discover innovative products from the construction industry, proposed by no fewer than 120 exhibitors. For the first time in North Africa, the international building and construction fair takes place in the Exhibition Center of the Exchange Office in Casablanca. In the program, more than 120 exhibitors from 20 countries and as many as 4,000 visitors expected. On the sidelines of this event, there are ten free workshops certified CPD (Continuous Professional Development), animated by high-level experts."
5. New exchange regime: Crédit Agricole du Maroc launches a national road show: ""Faced with mutations of the exchange market, the Crédit Agricole du Maroc Group launches a national roadshow. It aims at providing economic operators with all the necessary clarity on how to adapt the exchange risk management facing the programmed changes in the quotation of the DH," announces the bank. This five-stage tour began in Agadir in the 4th of April, 2017 and will continue in Tangier, Fez and Oujda, before starting its last step in Casablanca in the 13th of April 2017. The roadshow is held under the theme "The ZoomExpert: Adapting the Management of your Exchange Risk."
Crédit : IMPERIUM MEDIA
