
Stocks Market
CFG Bank CEO Younès Benjelloun Urges Faster IPO Pace to Boost Casablanca Stock Exchange
At the APSB’s inaugural annual conference, CFG Bank chief executive Younès Benjelloun painted a vivid picture of the Casablanca Stock Exchange’s IPO landscape. He traced the market’s historic listing waves—from post‑colonial privatizations in the 1990s to the private‑sector surge of the mid‑2000s—and highlighted a recent slowdown that now prevents the market from delivering even ten new listings a year. Benjelloun warned that outdated legislation, rigid calendar windows and cumbersome procedures are throttling growth. He called for a modern, fast‑track regime that distinguishes first‑time issuers from already‑listed companies, allowing secondary offerings to flow more freely and helping Morocco’s equity market regain depth and dynamism.