Morocco: FCP Capital Monetary wins double rating ‘Af / S1 +’ from S & P

The international rating agency Standard & Poor’s believes that the credit quality of the assets held by the monetary fund FCP Capital Monetary, managed by BMCE Capital Gestion, management company of the BMCE Bank of Africa group, is strong and comparable to other ratings issued by S & P internationally.

Standard and Poor’s has just attributed the double rating of credit quality and volatility ‘Af / S1 +’ to the fund.

The ‘S1 +’ rating means that the fund has very low volatility in returns comparable to that of a portfolio of short-duration Treasury Bonds with the highest credit quality in the Moroccan market.

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