“CIMR: Resilience, Sustainability, and Growth – 2022 Financial Results and Investment Strategies”

2023-05-19 19:27:17

Despite a difficult 2022 and a sluggish financial market, the Moroccan Interprofessional Pension Fund (CIMR) has confirmed its resilience and the sustainability of its plan. This was declared by Khalid Cheddadi, CEO of the CIMR at the microphone of La Vie Éco, on May 19 in Casablanca, during the presentation of the Caisse’s results.

The figures for the 2022 financial year were thus brilliant, since the balance of technical provisions reached more than 77 billion DH, up 5.6% compared to 2021. The operating surplus, meanwhile, stands out , to 4.04 billion dirhams and contributing assets increased by nearly 5%.

The year 2022 recorded, in fact, 510 new members for the benefit of 6,499 affiliates, representing contributions amounting to 130 million DH.

In 2022, the total number of people who received a benefit from the CIMR reached a number of 197,970, specifies Khalid Cheddadi. Regarding the portfolio, net income from assets reached 1.06 billion dirhams, down 68.8% compared to 2021.

The portfolio of the CIMR is estimated, at the end of 2022, at 81.2 billion DH, composed of 52% of shares, 38% of bonds and 7% of real estate assets, details Cheddadi, announcing that the Caisse “will slow down this year on the stock market. We will take advantage of the rise in rates by investing in the bond market,” he said.

Last year was especially marked by the success of the “AL Moustakbal Individuel” product. The number of individual members have, in fact, increased by 40% in one year, reaching 20,185. “The product attracts and we have multiplied by 10 the number of members since the launch of the product in 2018”, underlines for his part Jaouad Lmourabiti, executive director of the CIMR.

And to attract the greatest number of individuals, Cheddadi has announced that discussions are currently underway with banking partners to integrate this product into their package.

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