Al Filahi Cash, a subsidiary of Crédit Agricole du Maroc, has signed an agreement with the Confederation of Pharmacists' Unions of Morocco to modernize payment systems across the country.

Unicredit is reportedly adopting a 'small steps' strategy, similar to Crédit Agricole's approach with Banco Bpm, to potentially exceed the 30% threshold in Commerzbank without exercising full control through a 'gentle' public offer.

BPM has approved new rules, but the list of candidates for its board of directors remains uncertain, with Crédit Agricole pushing to present a list of minority candidates ahead of a final decision on Thursday.