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Al Barid Bank, state-owned; Arab Bank PLC , part of Arab Bank Group; Attijariwafa Bank; Banco Sabadell, part of Banco Sabadell Group; Bank Al-Amal, part-owned by BCP Group; Banque Centrale Populaire, part of BCP Group; Banque Marocaine du Commerce Extérieur (BMCE), part of Banque of Africa - BMCE Group
The Banque Marocaine pour le Commerce et l'Industrie (BMCI, lit. ' Moroccan Bank for Commerce and Industry ') is a bank in Morocco, headquartered in Casablanca.It is majority-owned subsidiary of Paris-based BNP Paribas (BNPP), and originates from the Moroccan operations of a predecessor of BNPP, the Banque Nationale pour le Commerce et l'Industrie (BNCI).
Banque Marocaine du Commerce can refer to one of two banking companies: BMCE Bank (Banque Marocaine du Commerce Extérieur) BMCI ...
BMCE Bank is looking to build on its ties with China to help finance and develop a new industrial city in the north of Morocco, its president and chief executive told Reuters. BMCE, one of the ...
In 2008, Luxembourg-based AFH, the parent company of the Bank of Africa Group, rebranded itself into Bank of Africa Group S.A., and BMCE took a 35% shareholding interest, bringing financial capital and banking expertise. [12] BMCE became majority owner of the BOA group in 2010, and held a 72.6 percent equity stake by 2013. [6] In 2020, BMCE ...
By the early 2020s, SGMB was the fourth-largest bank in Morocco behind market leader Attijariwafa Bank, the cooperative Banque Populaire Group, and the former BMCE renamed Bank of Africa. [7] On 12 April 2024, Société Générale announced the sale of its 57.7 percent stake in SGMB to Saham Group together with its insurance subsidiary, La ...
That same year, Deutsche Bank acquired 10% of the BCM's equity capital. In 1969, a further capital increase resulted in significantly higher Moroccan ownership of the BCM's shares. [1]: 136 By the late 1970s it was the largest private bank in Morocco, only surpassed by government-controlled BMCE and Crédit Populaire du Maroc. [2]
His banking enterprise, the BMCE Bank has its presence felt in at least 12 countries in Africa after it purchased Bank of Africa, a multinational group originating from Mali and headquartered in Luxembourg and Dakar. The banking component of Benjelloun's business career is worth $4 billion based solely on its market capitalization profits.