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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 ...
These banks are referred to in Morocco as "participatory banks". [1] Al Akhdar Bank (AAB), affiliated with Crédit Agricole du Maroc; Bank Al Yousr; Bank Al-Tamweel wa Al-Inma; Bank As-Safa Umnia Bank
In 1998, it acquired a license as a bank specializing in market activities. In 2001, under the brand Dar Tawfir, CFG Group began distributing savings products to individuals and in 2005 launched the first online stock trading site in Morocco, Africa, and the Middle East. In November 2015, CFG Group became CFG Bank. [3]
Attijariwafa Bank. SNI initially held 48% stake in Attijariwafa bank. In January 2015, The conglomerate hired the Goldman Sachs and Rothschild banks to advise them on finalizing the deal of selling 19% of Attijariwafa bank to reduce SNI's debt. [23] Nareva. Nareva holding is fully owned by SNI and focuses on renewable and coal energy. [24] Cosumar
In February 2008, King Mohammed VI appointed him President and CEO of the Banque Centrale Populaire du Maroc, [4] [8] a position he held until his appointment as Minister in August 2018. He was also, at the time, a director of the Union of Arab and French Banks and Chairman of the Board of Directors of the Chaabi Bank of Morocco.
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 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).
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