msmes morroccan guarantee system : model impact caisse centrale de garantie
DESCRIPTION
Banks Leasing Private Equity Bonds MSMES CCG SupplyDemand Mitigate the Defect of the Market Neutrality (Non Competitor) Additionality POSITIONINGTRANSCRIPT
MSME’S MORROCCAN GUARANTEE SYSTEM : MODEL & IMPACT
CAISSE CENTRALE DE GARANTIE
PRESENTATION
3 Strategic Fields
State Owned and Non Profitable Company. Under the Control of Ministry of Economy & Finance.
Financial Institution Under the Control of Central Bank.
Public & Unique Player as Guarantor of MSME’s Financial Needs
Banks
Leasing
Private Equity
Bonds
MSMES
CCG
Supply Demand
Mitigate the Defect of the Market Neutrality (Non Competitor) Additionality
POSITIONING
GUARANTEE ACTIVITY
Offer Covering Any Sector Diversificatioin of Financial Methods Adapted Parameters & Risk Sharing in Termf of Guarantee Coverage Rate & Risk Ceiling Guarantee Fees/Pricing/Premium
Profi
l
Guarantee Offer Corresponding With the Needs expressed by MSME During Their Cycle of Growth
GUARANTEE OFFER
Offer Oriented to the Économic Sector/Operation Targueted by the Government Investment Cofinanced by CCG & Bank Advantage in Term of Interest Rate 2% per a year
COFINANCING OFFER
CCG
Government
SME1
SME2 …Management Mandate
Company Manager
Public – Private Fund (PPF)
Private Investors
PPF’s Global Strategy Managemeny : Targuet : SME with higher Potentiel Yield Rate. (Turn Over less than M $US 11) Eligible’s Economic Sector : All Sectors Investment’s Type: Development (40%), Transmission (40%) et Start Up (20%)
PRIVATE EQUITYCovering 60% of Capital Risk 1
2
8
•Decision process•Dematerialisation•Standardisation of Risk Analysis.
•Limitation to Events Impacting the Risk.
•Adoption of the Final Loss Concept.
•Delegation to Banks.
PROCESS BASED ON VALUE ANALYSIS
I m p l e n e n t e d a c t i o n s
Business Center :Tanger, Agadir, Casablanca, Marrakech, Fès, Oujda, Rabat & Laâyoune
REGIONALIZATION : OPENING OF BUSINESS CENTER
IMPACT OF THE CCG’S GUARANTEE
Outstanding(M.US$)
Economic Sector-Industry : 36%-Trade : 16% -Public Works : 11%-Tourism : 9%
To SME8 out of 10 SME Would Have no Acess to Credit Without CCG’s Guarantee. $US 6,5 out of $US 10 Would Not Have Been Rent to SME Without CCG’s Guarantee
To Banks Reducing Risk Credit Given to SME Spreading of the Use of Banking Services Among SMEs
To State$US 1 of Endowment Generate $US 2,8 of Tax Revenue
IMPACT OF THE CCG’S GUARANTEE
11
12
Thank You For Your Attention