Saham Bank has launched an emergency support plan after recent heavy rain and floods hit parts of Morocco.
The move, called Opération Solidarité, is aimed at customers living in areas officially declared disaster zones. It covers individuals, professionals and very small and medium-sized businesses.
Under the scheme, eligible customers can pause their loan payments for up to three months. The pause can be renewed once. No payments are required during this period. The measure applies only to standard repayable loans and follows a tightly controlled process.
The bank says the support is targeted, not automatic. Only clients based in affected areas can benefit. Details on which branches are involved and how to apply will be shared later.
The decision comes as several regions face serious disruption after unusually heavy rainfall. In recent weeks, flooding has damaged roads, farmland and homes, especially in the north-west of the country. Many small businesses have been forced to stop work, leaving them short of cash.
By focusing on small firms, Saham Bank is aiming to protect a key part of the Moroccan economy. These businesses often have little room to cope with long breaks in activity.
The move also reflects the bank’s new identity. Saham Bank is the former Société Générale Maroc, now fully Moroccan-owned after its takeover by the Saham Group. Since the rebrand, it has said it wants to play a closer role in supporting local communities.
Banking sources say such steps usually follow guidance from the central bank, which encourages lenders to show flexibility during major national crises.
