Search results
Results From The WOW.Com Content Network
Crédit Immobilier et Hôtelier (CIH Bank), part of CDG Group; Crédit du Maroc; Fonds d'Équipement Communal (FEC), state-owned ... Bank Name: Rank in Top 100 ...
A Banque Populaire branch in downtown Casablanca, in the former building of the Bank of British West Africa [7] Branch in the Old Town of Fez. The starting point of BCP Group was a Royal Decree or dahir promulgated by the authorities of the French protectorate in Morocco on 25 May 1926 authorizing the formation of cooperative banks in the territory, inspired by the French legislation of 1917 ...
Crédit du Maroc (CDM, Arabic: مصرف المغرب) is a Moroccan bank, established in 1929 as the Moroccan subsidiary of Paris-based Crédit Lyonnais and known under its current name since 1966. Overview
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 ...
CIH Bank was created in 1920 as the Caisse de prêts immobiliers du Maroc (CPIM). [1] After branching into the tourism sector in 1967, it changed its name to Crédit immobilier et hôtelier . [ 1 ] As of 2014, CIH Bank offers a broader service across all sectors of the banking market.
The bank's business improved during the rest of the interwar period. [12] In 1943, after Operation Torch had led to Allied control of Morocco, the State Bank transferred gold to a correspondent bank in Lisbon, in what the U.S. authorities viewed as an act of collaboration with Vichy France orchestrated by the Bank of France in Paris. [13]
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).
BMCE logo in 2015. At the time of Moroccan independence, the new country's banking system was dominated by French banks, namely the Banque Commerciale du Maroc controlled by Crédit Industriel et Commercial and the local operations of Banque Nationale pour le Commerce et l'Industrie, Crédit Lyonnais, and Société Générale as well as Algeria-centric Compagnie Algérienne and Crédit Foncier ...