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  • The Moroccan Economy in Brief: Tuesday, August 1, 2017: Crédit du Maroc Launches Its Participatory Window Under the Sign "ARREDA"

The Moroccan Economy in Brief: Tuesday, August 1, 2017: Crédit du Maroc Launches Its Participatory Window Under the Sign "ARREDA"

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1. Enterprises Creation: 380 Negative Certificates Issued in Nador: "The Moroccan Commercial Property Office (OMPIC) and the Nador Investment Center (CRI-Oujda) have issued in the province of Nador in the first half of 2017 some 380 negative certificates for enterprises creation."


2. Crédit du Maroc: 1.5% Decrease in Net Banking Income: "The Group's Net Profit of Crédit du Maroc amounted to 222 million Dirhams (MDH) in the first half of 2017, an improvement of 38% compared to the same period one year ago. In a note on its consolidated results on June 30, 2017, Crédit du Maroc reported that its net banking income (NBI), however, recorded a decline of 1.5% to 1.08 billion Dirhams (MMDH) at the end of June 2017."


3. Three Start-Ups Supported by CFCIM: "The French Chamber of Commerce and Industry in Morocco (CFCIM) supports three Moroccan Startups. As part of the winners of Hackathon Morocco Social Tech, these three Startups (COOP360, CuiMer, and Doumeign) will benefit from the support and expertise of CFCIM. These young enterprises distinguished themselves during the last edition of Hackathon, organized by Le Matin Group in Casablanca on July 7, 2017."


4. The Banking Group Crédit du Maroc Launches Its Participatory Sign "Arreda": "Crédit du Maroc launches its participatory activity under the sign "ARREDA". The Moroccan subsidiary of the French group Crédit Agricole has indeed obtained the approval of Bank Al Maghrib, published in the Official Gazette of July 20, 2017, to engage in participatory finance and marketing of participatory banking products and services under the ARREDA sign. It will deploy in the coming weeks a first device of 12 points of sale in the main cities of the Kingdom and will continue to expand the network to 30 points of sale by 2020, announced the bank in a statement."


5. Launch and Inauguration of Several Development Projects on the Occasion of Throne Day: "On the occasion of the 18th anniversary of Throne Day, the prefecture of Agadir Ida Outanane saw the inauguration and launching of several socio-economic development projects. The hotel sector, one of the key fields of the regional economy, was consolidated by the opening of a new high-end property on the occasion of a ceremony presided over by the Wali of Souss-Massa region, Ahmed Hajji. Built on two hectares in the seaside area, this boutique hotel from Dounia group Hotels offers a hundred suites and rooms, theme cafes and restaurants, a spa, as well as various entertainment venues and points of sale."

 

 

Crédit : IMPERIUM MEDIA

 

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