Le Matin – Casablanca Stock Exchange and CGC Strengthen Partnership for SMEs

The Central Guarantee Fund (CCG) and the Casablanca Stock Exchange strengthen their cooperation. The two institutions signed, last Tuesday, a memorandum of understanding marking their common desire to consolidate their partnership in favor of the access of small and medium enterprises (SME) to the capital market. The aim of this partnership is to strengthen the financing offer for SMEs and contribute to the development of the capital market. "Our partnership with the CGC is another step that brings Elite Morocco certified companies closer to financing through the capital market. Thanks to the efforts of the Casablanca Stock Exchange and the Central Guarantee Fund, our SMEs will be able to finance their development and consequently contribute to the construction of a solid economic fabric ", commented the CEO of the Place Casablanca, Karim Hajji. It should be noted that this Memorandum of Understanding was concluded on the sidelines of a meeting on "Improving SME Governance for Better Access to Financing". The event introduced Elite-certified companies to best governance practices as a lever for access to finance. In its intervention, the CGC highlighted the redesign of its offer made in February 2019, which includes the doubling of ceilings for industrial, export and green economy companies that have demonstrated good governance.