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Agadir (a word meaning "fortified collective granary" in Tachelhit, in Arabic أڭادير) is a city in southwestern Morocco,...

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Economy 05 Oct 2014 2 min read

Meeting on investment

Meeting on investment

The Banque Populaire Centre-Sud and its partners organised a regional meeting in Agadir dedicated to corporate clients. The ambition was to inform business leaders operating in the Souss-Massa-Drâa region about new measures enabling them to develop their businesses.

The capital of the Souss hosted a meeting aimed at unveiling new support and financing measures for business development. It provided an opportunity for exchange and debate around a series of topics essentially linked to the development of the banking institution. The meeting was chaired by Mohamed Boulghmair, Director General of BP Centre-Sud, and was attended by Soumia Alami Ouali, Deputy Director General of the SME bank, and Mustapha El Jai, Director General of the private bank.

Participants in the meeting focused on several themes, notably informing and raising awareness among companies about measures and support instruments for competitiveness that facilitate access to financing.

The meeting was punctuated by the screening of the film "B to B", illustrating the trade mission led by the banking institution in three sub-Saharan African countries: Côte d'Ivoire, Benin, and Senegal. In this regard, Soumia Alami Ouali indicated that the BCP is present in 11 African countries, stressing that the regional bank should take on the role of a vector for development beyond borders. She emphasised the importance of the tools put in place to support companies in their daily management, financing, and the quest for business opportunities.

It should also be noted that the National Agency for the Promotion of SMEs has implemented a range of support measures for companies, whether in terms of optimising their productivity or strengthening their competitiveness, through the launch of a series of diversified support programmes, addressing the needs of companies and enabling their development and modernisation. The Director General of the Central Guarantee Fund emphasised the diversity of services facilitating access to financing during the different stages of their life cycle, through investment, operating, and financial restructuring loans, by contributing to the co-financing of investment projects in collaboration with other banking institutions.

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