Bank account opening and local financing instruments

• Standard KYC documents for a foreign company (varies by bank): articles of association (notarised + certified translation), RC extract under 3 months, appointment minutes, legal representative and signatory IDs, proof of address, IF/ICE registrations. • Cost of credit (official quarterly survey, Bank Al-Maghrib Q2 2026): average rate 4.71% for non-financial companies; 5.20% for SMEs. • Green financing: a EUR 25 million GEFF facility at CIH supported by the EBRD, the EU and the GCF. • Public programmes: Intelaka up to MAD 1.2 million, subsidised rate around 1.75%–2%, Tamwilcom guarantee of 80% (official terms apply). • Note: account-opening timelines, the director’s presence and minimum capital follow each bank’s KYC requirements.