SEPTEMBRE 2014

AECM Seminar Breaking down barriers : Guarantees, an international perspective

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MAI 2014

Istanbul, October16 & 17th, 2014

Mr Taoufiq LAHRACH Secretary General

LAHRACH Taoufiq

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Bureaucracy/Administrative Heaviness Complexity of the Procedures Rigidity in the Treatment of Files Lack of Proximity in the Field Restrictive Conditions of the Payement Academic Vision of the SME

STRENGTHS

WEAKNESSES

Financial solidity (under tState’ Control) Credibility of the signature Competence of employees Amiability, Availability of the Staff Improve the profitability of the banks Social organization that improve investment

CAISSE CENTRALE DE GARANTIE : OBSTACLES

In Terms of Expectations from Banks, SME & Government

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REVISION OF THE NATIONAL GUARANTEE SYSTEM (NGS) : 2007

Study piloting :Ministry of Finance, Central Bank, CCG and Others Actor in Guarantee field.

State of NGS Several Actor

Dilution of Public Efforts

Limited Impact

Main Targets Rationalize the NGS

Rethink its Architectur

Stengthen its Intervention Capacity

Retained Script: 1. State: Central Actor of NGS

2. CCG : Only Operator ofNGS

3. SME : Priority Target

LAHRACH Taoufiq

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1 Billion. €

Outstanding

7.200 MSME

Portfollio

Création

39%

Development

24%

Working Capital

34%

Others

3%

IMPACT OF THE CCG’S GUARANTEE

0,27

0,41

0,50 0,54

0,73

1,00

2008 2009 2010 2011 2012 2013

Outstanding (Billion €)

6%

17%

2008

2013

0,3%

0,8%

2008

2013

Guaranrees Loans/Total Bank’s Loans to MSME Outstanding /GDP

Benchmarking

Outstanding/GDP

(2012)

0.5% 0.5% 0.6% 0.7% 0.8%

2.3%

5%

IMPACT OF THE CCG’S GUARANTEE

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To SME

8 out of 10 SME would have not acess

to credit without CCG’s Guarantee.

6 out of 10 US$ would note have not

been rent to SME without CCG’s

Guarantee

To Banks

Reducing Risk Credit Given to SME

Spreading of the use of banking sercices

amongst the SME

1US $ of issued guarantee generate 1,77

US$ of credit To State

1US $ of endowment generate 2,8 US

$MAD of tax revenue

IMPACT OF THE CCG’S GUARANTEE

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