BNP Paribas Sells Majority Stake in Morocco's BMCI to Holmarcom

French banking giant BNP Paribas has sold its 67% stake in its Moroccan subsidiary, BMCI, to local holding company Holmarcom, following a trend of French banks exiting the North African country.

30 Apr, 14:54 — 30 Apr, 14:54

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BNP Paribas Exits Morocco’s BMCI, Sells 67% Stake to Holmarcom

After Saham finalized its acquisition of Société Générale Maroc in December 2024, ending the French bank’s century-long presence in the North African country, another major French lender is now following suit. The post BNP Paribas Exits Morocco’s BMCI, Sells 67% Stake to Holmarcom appeared first on Morocco World News.

By Adil Faouzi

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BNP Paribas Sells Majority Stake in Morocco's BMCI to Holmarcom

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BNP Paribas Exits Morocco’s BMCI, Sells 67% Stake to Holmarcom

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