This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
Tamwilcom’s global activity made it possible to mobilize a volume of funding of more than 47.5 billion dirhams (MMDH) in 2024, for more than 82,200 operations, for an amount of commitments amounting to 28 MMDH.
The activity has evolved positively compared to the previous year, displaying a growth rate of 6% (excluding corporate warranty and public establishments), said a Tamwilcom press release published at the end of the outfit, recently in Rabat, of its 10th Board of Directors, under the chairmanship of the Minister of Economy and Finance, Nadia Fettah.
And to note that the global activity of the institution has exceeded the objectives set under the 2024 budget, displaying a 109% production rate, stressing that these results testify to the positive dynamics of Tamwilcom, mainly in terms of support for financing private companies, which concentrate 94% of the volume of interventions in 2024, with a marked orientation towards very small, small and medium -sized businesses (TPME).
Thanks to its central generic warranty activity, the establishment has enabled the mobilization of a volume of credits of 41.3 MMDH in favor of TPME, for a volume of commitments of 23.4 MMDH, thus displaying an increase of 8% compared to the previous year, said the same source.
And to emphasize that 89% of the warranty activity benefited the microphones and very small businesses (VSEs), clearly illustrating Tamwilcom’s commitment to this priority segment.
The activity of the participative window DAAMA TAMWIL also shown a continuous dynamic, recording again two -digit growth with an increase of 15% in 2024 compared to the previous financial year.
The intervention of Daama Tamwil made it possible to cover 681 million dirhams (MDH) of participative banking funding, for a volume of commitments of 379 MDH.
The work of this meeting mainly focused on examining the management report for the 2024 financial year, highlighting the significant impact of Tamwilcom’s intervention on the financing of companies and individuals.
During this meeting, the Board of Directors approved the Tamwilcom financial statements for the year ended on December 31, 2024. For this period, the net banking product (PNB) reached 807 MDH, while net profit was 386 MDH.
