AECM Annual Event -Istanbul 2014

1. SEPTEMBRE 2014
AECM Seminar
Breaking down barriers : Guarantees, an international perspective
1
MAI 2014
Istanbul, October16 & 17th, 2014
MrTaoufiq LAHRACH
Secretary General

2. LAHRACH Taoufiq
2
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
InTerms of Expectations from Banks, SME & Government

3. 3
REVISION OFTHE 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
MainTargets
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 : PriorityTarget

4. LAHRACH Taoufiq
4
1 Billion. €
Outstanding
7.200 MSME
Portfollio
Création
39%
Development
24%
Working Capital
34%
Others
3%
IMPACT OFTHE CCG’S GUARANTEE
0,27
0,41
0,50
0,54
0,73
1,00
2008 2009 2010 2011 2012 2013
Outstanding
(Billion €)

5. 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 OFTHE CCG’S GUARANTEE
5

6. 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 OFTHE CCG’S GUARANTEE
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