Tag: Credit du Maroc Bank
Emerging Markets Finance Headlines Morocco

IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects

North Africa PostComments Off on IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects

The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women’s entrepreneurship, and green projects with a $100 million financing package. This agreement is in line with IFC’s strategy in Morocco, which aims to support private sector-led economic growth and job creation by promoting the […]

Business Europe Finance Headlines International Morocco

Morocco’s Holmarcom group takes control of Credit du Maroc Bank

North Africa PostComments Off on Morocco’s Holmarcom group takes control of Credit du Maroc Bank

Morocco’s Holmarcom group has taken control of Credit du Maroc, a subsidiary of French bank Credit Agricole. Holmarcom has bought all the 78.7% stakes owned by Credit Agricole in its Moroccan branch, in a move to strengthen its foothold in the finance and insurance business. Morocco’s Wafa Assurance and other stakeholders own 10.73% and 10.56% […]