French bank BNP Paribas exits Morocco, sells BMCI stake 2026
26 July 2026
BNP Paribas plans to sell its stake in BMCI before the end of the year. The French banking group confirms that the operation with Holmarcom must be finalized in the fourth (…)
BMCI
Morocco banker embezzles 1.6 million dirhams client funds
24 May 2026
In Berkane, a vast financial scandal shakes a BMCI branch. An employee is suspected of embezzling nearly 1.60 million dirhams from several clients’ accounts before fleeing to (…)
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 (…)
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 (…)
After Société Générale, another French bank is leaving Morocco
24 March 2026
The disengagement of French banks in Morocco is accelerating. In the wake of the acquisition of Société Générale by the Saham group, BNP Paribas has just taken a decisive step (…)
BNP Paribas is leaving Morocco and selling its subsidiary to Holmarcom
12 December 2025
The operation should not be finalized until 2026, but it is already shaping the new banking map of the Kingdom. BNP Paribas is planning to sell its Moroccan subsidiary to (…)
Banks’ "Free" Loan Deferrals May Come with Hidden Costs, Experts Warn
6 May 2020
The deferral of credit maturities "without fees or penalties" would generate additional interest.
EBRD and Moroccan Bank Launch €15 Million Program to Boost Women Entrepreneurs
18 December 2019
The Moroccan Bank for Commerce and Industry (BMCI) and the European Bank for Reconstruction and Development (EBRD) are joining hands to promote female entrepreneurship.