Morocco Banks: French Exit, Holmarcom Merger Strategy
8 May 2026
The Holmarcom group acquires 67% of BMCI from BNP Paribas. This historic operation marks the exit of French retail banks from the Kingdom and paves the way for a major merger (…)
Banks
Morocco banking transformation digital cash resistance 2024
7 May 2026
Moroccan banks are undergoing profound transformation. Between the withdrawal of international players, the rise of digital services, and the persistent weight of cash, the (…)
Bank accounts for MREs: watch out for foreign currency deposit rules
6 May 2026
Moroccans residing abroad can open a currency account or convertible dirham account in Morocco. A practical tool for receiving transfers, holding funds in foreign currency and (…)
MRE: Toward the End of High Commissions on Money Transfers?
5 May 2026
The British fintech Revolut is actively preparing its arrival on the Moroccan market. Awaiting regulatory approval, the leader with 40 million clients is betting on reducing (…)
After Société Générale, another French bank permanently exits Morocco
30 April 2026
The French group BNP Paribas is selling its entire stake in BMCI to Holmarcom. This strategic agreement, finalized Wednesday, paves the way for the merger with Crédit du Maroc (…)
The Illusion of French Banks’ Return Against Morocco’s Steamroller
28 April 2026
Faced with massive disengagement of French retail banks on the African continent, it is now local and Moroccan institutions that occupy the ground. France is attempting to (…)
Card Payments: Here’s Why Moroccan Small Shop Owners Refuse to Adopt Them
28 April 2026
Ryad Mezzour, Minister of Industry and Trade, explains the weak deployment of electronic payment among small Moroccan merchants by a major obstacle: the cost of transactions (…)
Nine Years After Her Escape to Turkey, a Banker Falls Upon Return to Morocco
25 April 2026
Nine years after fleeing to Turkey, a former banking executive has been incarcerated upon her return to Morocco. She is accused of embezzling nearly 3.50 million dirhams from (…)
Over One Million Jobs at Risk in Morocco
24 April 2026
Artificial intelligence is poised to disrupt Morocco’s labor market. By 2030, more than one million jobs could disappear. Facing this technological shock, the country suffers (…)
Hamza Lemssouguer: The Moroccan Worth $20 Billion
11 April 2026
Born in Casablanca, trader Hamza Lemssouguer now heads Arini Capital, a fund managing $20 billion in London. His meteoric rise, built on bold choices, makes him a key figure in (…)