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Holmarcom Group

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  • Moroccan Business Leaders Rise in Forbes’ Top 100 Arab Women Ranking
    21 February 2024, by Said

    Forbes Middle East has published its annual ranking of the 100 most powerful businesswomen in the region. This year, 4 Moroccans are featured in this ranking, saluting their leadership and success in various sectors.
    Miriam Bensalah Chaqroun, executive president of Oulmès and member of the Holmarcom group, tops the ranking for Morocco. She is followed by Salwa Akhannouch, founder and CEO of the Aksal Group, who ranks 16th.
    Nezha Hayat, president of the Moroccan Capital Market Authority, (…)

  • Moroccan Water Company Donates 1 Million Bottles Weekly to Hospitals Amid COVID-19 Crisis
    27 March 2020, by Ginette

    The Société des eaux minérales d’Oulmès intends to demonstrate its solidarity in the fight against the coronavirus pandemic. It announces that it will provide free public hospitals in Morocco with one million bottles per week for the entire duration of the state of health emergency.
    The decision announced by the company, a subsidiary of the Holmarcom group, is salutary and "is part of the support for the measures taken by Morocco to deal with the Covid-19 pandemic," said the largest (…)

  • Crédit Agricole to Sell Majority Stake in Moroccan Bank to Holmarcom Group
    29 April 2022, by Armel

    The agreement concerns the acquisition of a majority stake in Crédit du Maroc by the Holmarcom group, through its holding company Holmarcom Finance Company (HFC) and its subsidiary AtlantaSanad Assurance, according to a press release from Crédit du Maroc, specifying that it was initialed by Xavier Musca, Deputy Chief Executive Officer of Crédit Agricole S.A. and Mohamed Hassan Bensalah, Chairman and Chief Executive Officer of the Holmarcom group.
    This operation will be subject to the (…)

  • Crédit Agricole Sells Majority Stake in Moroccan Subsidiary to Holmarcom Group
    8 December 2022, by Sylvanus

    The French bank Crédit Agricole SA has sold an initial tranche of 63.7% of its stake (50.9% by HFC and 12.8% by AtlantaSanad) in Crédit du Maroc to the Moroccan group Holmarcom.
    In a press release, Crédit Agricole SA (CASA) specified that, according to the commitments made, it will sell the Moroccan group Holmarcom the second tranche of the remaining 15% in eighteen months. The Moroccan central bank Bank Al Maghrib (BAM) has approved this acquisition. It has also granted a new (…)