BMCE
   HOME
*



picture info

BMCE
Bank of Africa (BOA) is a Moroccan banking conglomerate headquartered in Casablanca, Morocco, with banking operations in Morocco and eighteen other African countries. Its main predecessor entities started in 1959 in Morocco and in 1982 in Mali. Until 2020 the group parent entity was known as the Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Trade"), a name that lingers as "BMCE Group" in the BOA brand identity as of 2022. BOA has offices in Europe, Asia, France, Spain, United Kingdom, China, Italy, Germany, UAE, Belgium, Canada and Netherlands. History BMCE was created in 1959, shortly after the country's independence, and listed on the Casablanca Stock Exchange in 1974. In 1995, it was privatized and became controlled by Moroccan businessman Othman Benjelloun through insurer . BOA's initial bank in Sub-Saharan Africa was established in late 1982, in Bamako, Mali, by local businesspeople. It was formed to address the scarcity of banking servic ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Othman Benjelloun
Othman Benjelloun ( Tamazight: ⵄⴻⵜⵎⴰⵏ ⴱⴰⵏⵊⴰⵍⵍⵓⵏ; ar, عثمان بن جلون; born 1931) is a Moroccan banker billionaire businessman. He is known for co-founding of BMCE Bank and Bank of Africa, and serves as its chairman, chief executive officer. In February 2022, his net worth was estimated by '' Forbes'' at US$1.6 billion. Career Benjelloun's father was a large shareholder in an insurance company that Benjelloun later took over in 1988. He turned this into RMA Watanya. After purchasing the insurance company, Benjelloun expanded the business venture into the banking industry. His banking enterprise, the BMCE Bank has its presence felt in at least 12 countries in Africa after it purchased the Mali-based Bank of Africa. The banking aspect of Benjelloun's business career is worth $4 billion based solely on its market capitalization profits. Benjelloun received an education in engineering at the École Polytechnique Fédérale de Lausanne i ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Casablanca
Casablanca, also known in Arabic as Dar al-Bayda ( ar, الدَّار الْبَيْضَاء, al-Dār al-Bayḍāʾ, ; ber, ⴹⴹⴰⵕⵍⴱⵉⴹⴰ, ḍḍaṛlbiḍa, : "White House") is the largest city in Morocco and the country's economic and business center. Located on the Atlantic Ocean, Atlantic coast of the Chaouia (Morocco), Chaouia plain in the central-western part of Morocco, the city has a population of about 3.71 million in the urban area, and over 4.27 million in the Greater Casablanca, making it the most populous city in the Maghreb region, and the List of largest cities in the Arab world, eighth-largest in the Arab world. Casablanca is Morocco's chief port, with the Port of Casablanca being one of the largest artificial ports in the world, and the second largest port in North Africa, after Tanger-Med ( east of Tangier). Casablanca also hosts the primary naval base for the Royal Moroccan Navy. Casablanca is considered a Global Financial Centre, ranking 54th g ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Wealth Management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families. It is a discipline which incorporates structuring and planning wealth to assist in growing, preserving, and protecting wealth, whilst passing it onto the family in a tax-efficient manner and in accordance with their wishes. Wealth management brings together tax planning, wealth protection, estate planning, succession planning, and family governance. Private wealth management Private wealth management is delivered to high-net-worth investors. Generally, this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock. Traditionally, the wealthiest retail clients of investment f ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Natixis
Natixis is a French corporate and investment bank created in November 2006 from the merger of the asset management and investment banking operations of ''Natexis Banques Populaires'' (Banque Populaire group) and ''IXIS'' (Groupe Caisse d'Epargne). Natixis provides financial data for the 'Markets' section on the news channel, Euronews. On October 26, 2010, Natixis Investment Managers (NIM) has acquired a majority stake in asset management start-up ‘Ossiam’. In February 2021, Groupe BPCE made a tender offer for all Natixis shares it did not own. The offer completed in June 2021 and Natixis stock was delisted. Operations * Corporate & Investment Banking Includes Capital Markets, Debt & Finance and Corporate & Institutional Banking. Capital Markets encompass equities, commodities, fixed-income, forex, derivatives and structured products. * Asset Management Natixis Investment Managers is the 14th largest asset management firm in the world with $734 billion in assets under ma ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Natexis
Natixis is a French corporate and investment bank created in November 2006 from the merger of the asset management and investment banking operations of ''Natexis Banques Populaires'' (Banque Populaire group) and ''IXIS'' (Groupe Caisse d'Epargne). Natixis provides financial data for the 'Markets' section on the news channel, Euronews. On October 26, 2010, Natixis Investment Managers (NIM) has acquired a majority stake in asset management start-up ‘Ossiam’. In February 2021, Groupe BPCE made a tender offer for all Natixis shares it did not own. The offer completed in June 2021 and Natixis stock was delisted. Operations * Corporate & Investment Banking Includes Capital Markets, Debt & Finance and Corporate & Institutional Banking. Capital Markets encompass equities, commodities, fixed-income, forex, derivatives and structured products. * Asset Management Natixis Investment Managers is the 14th largest asset management firm in the world with $734 billion in assets under ma ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Netherlands Development Finance Company
FMO ( nl, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.) is a Dutch development bank structured as a bilateral private-sector international financial institution based in the Hague, the Netherlands. FMO manages funds for the Ministries of Foreign Affairs and Economic Affairs of the Dutch government to maximize the development impact of private sector investments. It is licensed as a bank and supervised by the Dutch Central Bank. The Dutch government holds 51% of the shares, but FMO operates as a commercial company. Due to its relationship with the Dutch government, it is able to take risks which commercial financiers are not able or not prepared to take. The FMO has a AAA rating from Standard and Poor's. , the bank's total asset valuation was €8.32 billion (US$9.67 billion), and its shareholders' equity was €2.83 billion (US$3.29 billion). FMO's mandate is to provide long term capital for projects in countries in which commercial investors do not yet ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

French Development Agency
The French Development Agency (french: Agence française de développement, AFD) is a public financial institution that implements the policy defined by the French Government. It works to fight poverty and promote sustainable development. This public institution is active in Africa, Asia, the Middle East, Latin America, the Caribbean and the French overseas territories, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet. In 2014, AFD earmarked EUR 8.1 billion to finance projects in developing countries and for the French overseas territories, a commitment up by 4% compared to 2013. According to the OECD, 2020 official development assistance from France increased 10.9% to US$14.1 billion. Its headquarters is located in Paris. Its teams are based in Paris, Marseille and in a network of 72 agencies and representations abroad and in the French overseas territories. History AFD is the desce ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

English-speaking
Speakers of English are also known as Anglophones, and the countries where English is natively spoken by the majority of the population are termed the ''Anglosphere''. Over two billion people speak English , making English the largest language by number of speakers, and the third largest language by number of native speakers. England and the Scottish Lowlands, countries of the United Kingdom, are the birthplace of the English language, and the modern form of the language has been being spread around the world since the 17th century, first by the worldwide influence of England and later the United Kingdom, and then by that of the United States. Through all types of printed and electronic media of these countries, English has become the leading language of international discourse and the lingua franca in many regions and professional contexts such as science, navigation and law. The United Kingdom remains the largest English-speaking country in Europe. The United States and ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Capital Participation
Capital participation (sometimes also called ''equity participation'' or ''equity interest'') is a form of equity sharing not restricted to housing, in which a company, infrastructure, property or business is shared between different parties. Shareholders invest in a business for profit maximization and cost savings, e.g., through tax deduction. A visible and controversial form of capital participation can be found in public-private partnerships in which the private sector invests in public projects and usually receive a time-limited concession for ownership or operation to make profits from the acquired property. See also * loan * risk capital * angel investor * shareholder * joint venture * profit sharing * private equity * takeover * mergers and acquisitions * privatization Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometime ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

West Africa
West Africa or Western Africa is the westernmost region of Africa. The United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Togo, as well as Saint Helena, Ascension and Tristan da Cunha ( United Kingdom Overseas Territory).Paul R. Masson, Catherine Anne Pattillo, "Monetary union in West Africa (ECOWAS): is it desirable and how could it be achieved?" (Introduction). International Monetary Fund, 2001. The population of West Africa is estimated at about million people as of , and at 381,981,000 as of 2017, of which 189,672,000 are female and 192,309,000 male. The region is demographically and economically one of the fastest growing on the African continent. Early history in West Africa included a number of prominent regional powers that dominated different parts of both the coastal and internal trade networks, suc ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]