Equity Savings Plan

You are Moroccan and you want to invest in the stock market? Would you like to benefit from a tax exemption on generated profits made on securities?

The Equity Savings Plan (PEA) is a long-term savings product that offers tax benefits, allowing you to gradually build up savings in order to invest in shares or equity UCITS. The implementation of the Equity Savings Plan requires the opening of two accounts:

Cash accounts: for the collection of deposits, the transition of funds following the sale/purchase of shares or share UCITS, the payment of dividends and the deduction of custody fees, and other fees and commissions.
Trading account: may only hold securities eligible for the PEA.

For the management of your securities portfolio, you can choose between personal management (you are free to choose the trade-offs you want to make) or delegated management (by signing up for a subscription program or by completely delegating the management to your institution).

Investing in shares in complete safety is our guarantee of confidence.

Investing safely in shares stands as our assurance of reliability

4 key benefits

Thanks to BANK OF AFRICA's Equity Savings Plan, invest progressively in the stock market at advantageous rates and benefit from the best fiscal framework. After 5 years, your returns are tax-free.

Advantageous pricing conditions
The opportunity to choose your basic initial amount and build up your savings at your own pace
Tax-free capital gains after 5 years
Personal or delegated management of the securities portfolio

Your questions, our answers

Any natural person individual with Moroccan nationality residing in Morocco or abroad can subscribe to an ESP. The subscriber can only have one ESP in the whole banking sector. To benefit from it, make an appointment with your BANK OF AFRICA branch advisor.

The subscriber undertakes to make periodic payments of a minimum of MAD 2,400 per year (i.e. MAD 200 per month to ensure the required annual minimum). It is possible to make exceptional payments at any time as long as the total amount of payments made since the beginning of the plan does not exceed MAD 600,000 and that no partial withdrawal has already been made.

For more information, please contact the customer relations center on 08 01 00 81 00.