The Crédit Agricole du Maroc (CAM) is fully committed to reviving the livestock sector. Through a large-scale plan, the bank will support nearly 50,000 breeders as part of the national herd rebuilding program, financed by the state to the tune of 700 million dirhams.
Validated by the Supervisory Board chaired on June 25 in Rabat by Prime Minister Aziz Akhannouch, this initiative includes credit facilities as well as debt restructuring, aimed at strengthening the resilience of a sector severely affected by successive droughts.
A public service mission at the heart of the CAM model
The program is part of the High Royal Guidelines in favor of the rural world. During the Council meeting, the Prime Minister praised CAM’s ongoing efforts, which he described as a central player in the implementation of agricultural and rural development policies.
This action is accompanied by good financial health: in 2024, the bank’s Net Banking Income reached 4.5 billion dirhams, with a 28% increase in consolidated NBI and 32% in social NBI. These results confirm the institution’s solidity and its ability to combine profitability with social impact.
A state-bank partnership for sustainable recovery
The support program for breeders is being deployed in close coordination with the relevant ministries, as specified by Ahmed El Bouari, Minister of Agriculture. It will enable the bank, within the framework of a tripartite agreement with the state and the National Agency for Strategic Management of State Holdings, to continue playing a structuring role in the implementation of public policies.
By combining targeted financial support, debt rescheduling, and facilitated credits, this plan aims to stabilize rural operations, revive animal production, and support an agricultural fabric that is still fragile.
With Le Matin