CIH (CIH)

Crédit Immobilier et Hôtelier, Société Anonyme provides banking products and services for individuals, professionals, MDMs, and businesses in Morocco. The company offers checking, current, foreign currency, and convertible dirham accounts; financing services for cars, education, small businesses, and real estate projects; savings; classic, capital market, and money market investments; and bank cards. It provides bancassurance and assistance, money transfers, insurance brokerage, and cash flow management services, including cash collection and disbursement management, as well as online and mobile banking services. In addition, the company offers investment financing, such as medium- and long-term credit, administrative guarantees, pre-financing of public contracts, advance on pledged public contracts, and other guarantees; operating financing, which includes advance on foreign-born claims, spot credit, overdraft and cash facility, commercial paper discount, and foreign currency financing; leasing and LLD; and factoring services. Further, it provides trade finance, comprising import settlement and financing instruments, exporter accounts, export settlement and financing instruments, international guarantees, and customs bonds; spot and forward exchange; currency swap and options; commodity hedging; cash collection management; disbursement management; and treasury optimization; as well as issuers and account keeping services. The company was founded in 1920 is headquartered in Casablanca, Morocco. Crédit Immobilier et Hôtelier, Société Anonyme operates as a subsidiary of Massira Capital Management.