Damane Atassyir

Damane Atassyir is a guarantee product covering operating credits exceeding 1 Million Dirhams, and intended to finance the company's operating cycle requirements. It is intended for companies under Moroccan law whose activity is the production of goods an

Damane Atassyir is a guarantee product covering operating credits exceeding 1 Million Dirhams, and intended to finance the company's operating cycle requirements. It is intended for companies under Moroccan law whose activity is the production of goods and/or services, in order to support them in their operating credit application by covering up to 60% of the loan as the principal amount.

3 key benefits

With Damane Atassyir, you cover up to 60% of your operating credit as the principal amount up to a limit of 10 Million Dirhams per operation and 20 Million Dirhams per company for a guarantee fee of 0.5% only. In this way, you avoid implementing other heavier guarantees such as the pledge of your business, shares or financed property.

Flexible and attractive financing
A guarantee covering up to 60% of the loan as the principal amount, within the limit of 15 Million Dirhams
A guarantee commission fee of 0.5% only

Stay informed.

Companies under Moroccan law engaged in the production of goods and/or services, and operating in any business sector other than property development and deep-sea fishing are eligible.

The supplementary investment limit is 10 Million Dirhams per operation and 20 Million Dirhams per company, all guarantee contributions combined.

This limit of 20 Million Dirhams is raised to 40 Million Dirhams for the same company when it comes to:

Industrial companies,
Exporting companies (with more than 20% of their turnover from exports),
Companies operating in the green economy AND, having carried out a conclusive external audit on their governance, or presenting a Report from the Auditor certifying, without any reservations, their accounts for the previous fiscal year ended.

For more information and to know the procedure to subscribe to this offer, please contact your BANK OF AFRICA customer advisor or our Customer Relations Center on 08 01 00 81 00.

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