BVC-GCC, Partners for SME Access to the Capital Market

The Casablanca Stock Exchange (BVC) and the Central Guarantee Fund (CCG) concluded Tuesday in Casablanca, a memorandum of understanding marking their common desire to consolidate their partnership in favor of access for Small and Medium Enterprises ( SMEs) to the capital market.

Signed by BVC Director General Karim Hajji and CGC CEO Hicham Zanati Serghini on the sidelines of a meeting organized by both parties under the theme "Improving SME Governance for Better Access This agreement aims to strengthen the financing offer targeted at SMEs and to contribute to the development of the capital market, according to a joint statement. The agreement aims to improve the access of Elite winners to the various CGC mechanisms as part of its new product offering, according to the same source. "Our partnership with the CGC is one more step that brings ELITE Morocco's certified companies closer to financing through the capital market," said Hajji, quoted by the statement.