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Banque Marocaine Du Commerce Extérieur
Bank of Africa (BOA) is a Moroccan international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali) by the Banque Marocaine du Commerce Extérieur (BMCE, , , est. 1959), following which BMCE rebranded its commercial operations as Bank of Africa in 2020. The BMCE name survives in the byline "BMCE Group" incorporated in the BOA brand identity. As of 2024, the bank is the third-largest in Morocco, with major shareholders including Moroccan financier Othman Benjelloun and French bank Crédit Mutuel Alliance Fédérale. Listed on the Casablanca Stock Exchange, BOA operates in numerous African countries, offering a broad range of financial services across the continent. History Banque Marocaine du Commerce Extérieur At the time of Moroccan independence, the new country's banking system was dominated by French banks, namely the Banque Commerciale du Maroc controlled by Crédit Industriel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammed VI Tower
The Mohammed VI Tower () is a 55-story, skyscraper in the city of Salé, bordering Rabat, the capital of Morocco. It is the tallest building in Morocco and the third tallest in Africa. It is a project by the Moroccan businessman Othman Benjelloun and led by the company O'Tower. History It is a project launched by billionaire Othman Benjelloun, chief executive officer of Bank of Africa. In 2013, the Bank of Africa group (formerly BMCE group) signed an agreement with the Anfa urbanization and development agency (AUDA) to construct the tower in the new Anfa business district. In 2014, Benjelloun presented the model of the BMCE tower:''“A tower that I wanted represented by a rocket. This rocket will carry thousands of executive members and employees of the BMCE group to space. This Rocket will be ready for take-off from a Launch Pad, also represented in this project."''Its objective was to build a rocket-shaped tower in Casablanca that will house the new headquarters of the bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Algeria
French Algeria ( until 1839, then afterwards; unofficially ; ), also known as Colonial Algeria, was the period of History of Algeria, Algerian history when the country was a colony and later an integral part of France. French rule lasted until the end of the Algerian War which resulted in Algeria's Independence Day (Algeria), gaining independence on 5 July 1962. The French conquest of Algeria began in 1830 with the Invasion of Algiers (1830), invasion of Algiers which toppled the Regency of Algiers, though Algeria was not fully conquered and Pacification of Algeria, pacified until 1903. It is estimated that by 1875, approximately 825,000 indigenous Algerians were killed. Various scholars describe the French conquest as genocide. Algeria was ruled as a French colony, colony from 1830 to 1848, and then as multiple Departments of France#Departments of Algeria (Départements d'Algérie), departments, an integral part of France, with the implementing of the French Constitution of 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Générale Morocco
Saham Bank (formerly known as Société Générale Maroc, or Société Générale Marocaine de Banques — SGMB), is a commercial bank headquartered in Casablanca, Morocco. It was originally established in 1913 as the Moroccan subsidiary of the French banking group Société Générale. On , Société Générale announced the sale of its 57.7% stake in SGMB to the , owned by Moroccan businessman Moulay Hafid Elalamy, including its insurance arm ''La Marocaine Vie'', for €745 million. The rebranding to Saham Bank was made official on . Overview Société Générale began its Moroccan operations in 1913, opening branches in Casablanca and Tangier shortly after the establishment of the French protectorate in Morocco. In 1923, its Moroccan headquarters were moved from the ''rue des Consuls'' in Rabat to a newly constructed building on the prominent , designed by French architect Edmond Gourdain. The bank's Casablanca network expanded to 7 branches by 1939 and 22 by 1950, alongside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Du Maroc
Crédit du Maroc (CDM, ) is a Moroccan bank, established in 1929 as the Moroccan subsidiary of Paris-based Crédit Lyonnais and known under its current name since 1966. Overview Crédit Lyonnais established its subsidiary in Casablanca in 1929. In 1950, it relocated to a new head office building designed by architect Edmond Brion on the prestigious . In 1966, in response to the newly independent Moroccan government's push for ''marocanisation'' or shedding the colonial legacies in its banking sector, the operation was renamed Crédit du Maroc. Crédit Agricole became CDM's owner following its purchase of Crédit Lyonnais in 2003. In February 2021, Crédit du Maroc signed a partnership with the National Agency for the Promotion of Employment and Skills (Anapec) to work on promoting entrepreneurship. In late April 2022, Crédit Agricole announced the sale of its 78.7 percent stake in Crédit du Maroc to the Holmarcom Group. A new visual identity was adopted by Crédit du Maro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BMCI
The Banque Marocaine pour le Commerce et l'Industrie (BMCI, ) is a bank in Morocco, headquartered in Casablanca. It is majority-owned subsidiary of Paris-based BNP Paribas (BNPP), and originates from the Moroccan operations of a predecessor of BNPP, the Banque Nationale pour le Commerce et l'Industrie (BNCI). BMCI subsidiaries include Arval Morocco, BMCI Bourse, BMCI Finance, BMCI Leasing Auto, BMCI Gestion, BMCI Assurance, BMCI Crédit Conso, BMCI Banque Offshore, and BMCI NAJMA. History In July 1940, facing challenging prospects at home following the German invasion of France, the Paris-based BNCI acquired the in Algiers to develop its activity outside Europe, renamed it , and opened a branch in Casablanca. The Moroccan activity became a fully-fledged bank in 1943. In 1950, BNCI-Afrique inaugurated a high-rise head office building on Casablanca's Place de France. French architect had won the design competition in 1942, and moved to Casablanca in 1943 to oversee the con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Commerciale Du Maroc
Banque Commerciale du Maroc (BCM, , "Commercial Bank of Morocco") was a bank founded in 1911, shortly ahead of the establishment of the French protectorate in Morocco. The bank was initially controlled by France's Banque Transatlantique, then from 1941 by the Crédit Industriel et Commercial, and from 1988 by Morocco's ONA Group. In 2004, it merged with Wafa bank to form Attijariwafa Bank. History The BCM was created in 1911 by the Banque Transatlantique together with its Tunisian subsidiary, the Banque de Tunisie. Its registered office was in Paris, initially at 10, rue de Mogador (later absorbed by the Galeries Lafayette), and from 1925 relocated to the Banque Transatlantique's head office at 17, Boulevard Haussmann. Its main office in Morocco was in Casablanca. The BCM opened a branch in Tangier in 1913, and after World War I expanded to Rabat and Mazagan, then in the late 1920s in Marrakesh and Fez, Morocco, Fez. In 1941, BCM was acquired together with Banque Transatlantiqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moroccan Independence
The Revolution of the King and the People () was a Moroccan anti-colonial national liberation movement with the goal of ending the French and Spanish protectorates in Morocco in order to break free from colonial rule. The name refers to the coordination between the Moroccan monarch Sultan Mohammed V and the popular Moroccan Nationalist Movement in their efforts against colonialism and toward independence, particularly after the French authorities forced Sultan Mohammed V into exile on 20 August 1953 (Eid al-Adha). 20 August is considered a national holiday in Morocco, in remembrance of the Revolution of the King and the People. After Morocco had regained independence from the French, the movement effectively ceased to exist, as the Sultan managed to take control of the state. Meanwhile, the Moroccan Nationalist Movement was turned into an opposition party. Context Following the French bombardment of Casablanca and conquest of Morocco, the 1912 Treaty of Fes officially ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BMCE Bank
Bank of Africa (BOA) is a Moroccan international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali) by the Banque Marocaine du Commerce Extérieur (BMCE, , , est. 1959), following which BMCE rebranded its commercial operations as Bank of Africa in 2020. The BMCE name survives in the byline "BMCE Group" incorporated in the BOA brand identity. As of 2024, the bank is the third-largest in Morocco, with major shareholders including Moroccan financier Othman Benjelloun and French bank Crédit Mutuel Alliance Fédérale. Listed on the Casablanca Stock Exchange, BOA operates in numerous African countries, offering a broad range of financial services across the continent. History Banque Marocaine du Commerce Extérieur At the time of Moroccan independence, the new country's banking system was dominated by French banks, namely the Banque Commerciale du Maroc controlled by Crédit Industriel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casablanca Stock Exchange
The Casablanca Stock Exchange (; ) is a stock exchange in Casablanca, Morocco. The Casablanca Stock Exchange (CSE), which achieves one of the best performances in the region of the Middle East and North Africa (MENA), is Africa's third largest stock market after Johannesburg Stock Exchange (South Africa) and Nigerian Stock Exchange in Lagos. It was established in 1929 and currently has 17 brokerage firms and 77 listed campanies with a total market capitalisation of $100 billion in 2025. The exchange is relatively modern, having experienced reform in 1993. The CSE installed an Electronic trading platform, and is now organized as two markets: the Central Market and a Block Trade Market, for block trades. In 1997 the CSE opened a central scrip depository, Maroclear. Indexes Originally, CSE had the ''Index de la Bourse des Valeurs de Casablanca'' (IGB) as an index. IGB was replaced in January 2002 by two indexes: MASI MASI (''Moroccan All Shares Index''), comprises all listed s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
