A new legislative project is paving the way for the establishment of specialized companies to acquire and manage distressed debts from Moroccan banks, a move aimed at strengthening the banking sector and enhancing its capacity to finance the economy.
The project seeks to enable banking institutions to transfer some of their unpaid debts to specialized companies, which will restructure or collect these debts using professional methods, thereby alleviating pressure on banking budgets and reducing the volume of non-performing loans.
This initiative is expected to free up additional financial resources for banks, redirecting them towards financing businesses and households, especially in light of the need to support investment and stimulate economic activity.
The proposal also aims to regulate the operations of these companies by defining licensing and oversight conditions and ensuring the protection of debtor rights, with debt acquisition and management processes subjected to transparency and governance standards.
This effort is part of a broader strategy to modernize the national financial system and enhance risk management tools, aligning with developments occurring in the global financial sector and contributing to the improvement of asset quality in banking and the strengthening of financial stability.
