Assist Moroccan companies in developing the export of their products and services. To this end, the Central Guarantee Fund (CCG) has signed a cooperation agreement with banks, outlining the conditions and modalities of their joint contribution to secure guarantees required by ordering parties and customers abroad.
Eligible companies:
Any Moroccan company bidding for or awarded a contract pertaining to work, supply, or services abroad.
Secured guarantees :
Contract Holdback and Term Guarantee on advance payment return, completion, and guarantee payment, maintenance…
Issuing guarantees :
Either by the CCG or a bank.
Guarantee quota :
Up to 50% of guarantees by the CCG, the remainder is covered by the bank or banks involved.
Commission on guarantee :
Commission on guarantee: 0.40% on outstanding guarantees per year.
Securities
Set according to risk as estimated by the bank or the CCG.
Purpose of the guarantee: