Saham Bank Launches First Bitcoin-Indexed Bank Investment in Morocco

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## Saham Bank Launches a Groundbreaking Financial Product Tied to Bitcoin Performance

Saham Bank is introducing a major innovation in the Moroccan financial market with the launch of a structured deposit certificate indexed to the performance of Bitcoin. This unprecedented product in Morocco is backed by a reference digital asset while being accessible within a traditional banking framework.

This initiative marks a new milestone in diversifying financial investments available to investors, combining classic finance with indirect exposure to crypto-assets.

### A Structured Investment Linked to Bitcoin through an American ETF

The product does not allow for direct investment in Bitcoin. Instead, it relies on the performance of BlackRock’s iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) listed on Nasdaq and approved by the U.S. Securities and Exchange Commission (SEC).

This ETF tracks the price movements of Bitcoin, providing indirect exposure to the cryptocurrency while remaining within a regulated framework of traditional finance.

### A Dirham-Denominated Product with Partial Capital Protection

The deposit certificate is denominated in Moroccan dirhams and offers an investment duration of three years, with a minimum subscription amount set at 300,000 dirhams.

One of the main features of this product is partial capital protection: at maturity, 90% of the invested capital is guaranteed, regardless of market fluctuations.

The final performance will depend on the evolution of the Bitcoin ETF throughout the investment period, under various market scenarios.

### Indirect Exposure to Crypto-Assets Without Holding Bitcoin

Unlike a direct investment in cryptocurrencies, subscribers do not hold Bitcoin. Instead, they invest in a structured financial product whose returns are tied to an underlying asset.

This mechanism helps mitigate certain technical constraints associated with crypto-assets while still providing exposure to their performance.

### An Innovative Addition to the Investment Landscape in Morocco

With this launch, Saham Bank expands its range of structured savings products and aligns itself with the international trend of democratizing digital assets through regulated financial instruments.

Additionally, this initiative reflects the growing interest of investors in alternative assets and investment solutions that combine potential returns with risk management.

### A Strategic Positioning in Financial Innovation

By integrating a Bitcoin-linked underlying asset into a structured banking product, Saham Bank strengthens its positioning in financial innovation within Morocco.

This move is part of a broader evolution in the banking sector, where institutions seek to offer hybrid products that meet the new expectations of investors.

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