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Tag: BCP
Moroccan banks control 21% of the west African market
Thanks to decades of investments, Moroccan major banks increased their market share in the 8 countries of the West African economic community (ECOWAS) to 21%. ... Read More
Moroccan banks start to shake off Covid-19 impact
Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due ... Read More
Morocco’s BCP mulls stake sale to Asian bank
Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its ... Read More
IFC Teams up with Moroccan BCP Group to Enhance Microfinance in Sub-Saharan Africa
The International Finance Corporation (IFC) has sealed an agreement with Atlantic Microfinance for Africa (AMIFA), a subsidiary of the Moroccan Banque Centrale Populaire (BCP) Group, ... Read More
Morocco’s BCP Bank Wants to Buy France’s BCPE in Africa
Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it ... Read More
Morocco’s BCP Secures Funds to Upgrade Business Financing in West Africa
The Central People's Bank of Morocco (BCP) has secured funds from Proparco and the African Development Bank, destined to upgrade its business financing in West ... Read More
BCP Bank, AfDB Join Efforts in $100 mln Deal to Enhance African Trade
Morocco’s BCP Bank and the African Development Bank teamed up in a $100 million agreement to boost trade between African countries. The deal (risk participation ... Read More
AfBD Approves $200 million Loan to Boost Morocco’s Industrialization Plan
The African Development Bank (AfDB) approved a loan of $200 million to Morocco to boost the country's industrialization plan, local media said. The loan will ... Read More
Morocco 1st Green Bond Gets €135 Mln International Financial Support
IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, ... Read More
Financial Times Names ‘Attijariwafa Bank’ Best in Morocco
The Banker Magazine, an offshoot of the Financial Times, awarded Attijariwafa Bank the title of the “Best Moroccan Bank” in 2016 for the 8thconsecutive time. ... Read More