Crédit Du Maroc
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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 ...
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Crédit Lyonnais
The Crédit Lyonnais (, "Lyon Credit ompany) was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. Its former French retail network survives as LCL S.A., a fully owned subsidiary of Crédit Agricole, under the brand LCL adopted in 2005 with reference to "Le Crédit Lyonnais". History 19th century The creation of Crédit Lyonnais was favored by French legislation of that liberalized the creation of joint-stock companies without prior government authorization. The bank was chartered on by Henri Germain, who was the largest shareholder with 5.4 percent of equity capital and became its first chairman. Prominent promoters of Saint-Simonianism initially participated in the venture, namely François Barthélemy Arlès-Dufour who was instrumental in convincing Germain to initiate t ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ...
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Casablanca
Casablanca (, ) is the largest city in Morocco and the country's economic and business centre. 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 3.22 million in the urban area, and over 4.27 million in 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 Africa, and the third-largest port in North Africa, after Tanger-Med ( east of Tangier) and Port Said. Casablanca also hosts the primary naval base for the Royal Moroccan Navy. Casablanca is a significant financial centre, ranking 54th globally in the September 2023 Global Financial Centres Index rankings, between Brussels and Rome. The Casablanca Stock Exchange is Africa's third-largest in terms of market c ...
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Edmond Brion
Edmond Brion (1885 Soissons - 1973) was a French architect active in Casablanca during the French Protectorate. Biography After World War I and after having studying at the École des Beaux-Arts in Paris in the Paulin studio, Brion settled in Casablanca and worked with Auguste Cadet through the mid 1930s. While working with Cadet, Brion contributed to the project of the , now known as the ''Hubous'', and designed the Tasso Building (1931) as well as that of the . His two major works are the Bendahan Building (1935) located at November 16 Square in Derb Omar, and Casablanca's branch of the State Bank of Morocco (1937), featuring a large hall of marble, Art Deco metalwork, and exceptional reinterpreted ''zeliij''. He also designed the (1939) for the (COSUMA) and the colonial brothel quarter known as Bousbir. File:تفاصيل الزليج في مبني بنك المغرب في الدار البيضاء.jpg, Reinterpreted zellige. File:تفاصيل السلالم في م ...
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Crédit Agricole
Crédit Agricole Group (), sometimes called La banque verte (, , due to its historical ties to farming), is a French international banking group and the world's largest cooperative financial institution. It is the second largest bank in France, after BNP Paribas, as well as the third largest in Europe and tenth largest in the world. It consists of a network of Crédit Agricole local banks, 39 Agricole regional banks and a central institute, the Crédit Agricole S.A.. It is listed through Crédit Agricole S.A., as an intermediate holding company, on Euronext Paris' first market and is part of the CAC 40 stock market index. Local banks of the group owned the regional banks, in turn the regional banks majority owned the S.A. via a holding company, in turn the S.A. owned part of the subsidiaries of the group, such as LCL, the Italian network and the CIB unit. It is considered to be a systemically important bank by the Financial Stability Board. It was the title sponsor of the Cr ...
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List Of Banks In Morocco
This is a list of commercial banks in Morocco, as published by the Bank Al-Maghrib in July 2021. List of commercial banks * Al Barid Bank, state-owned * , part of Arab Bank Group * Attijariwafa Bank * Banco Sabadell, part of Banco Sabadell Group * Bank Al-Amal, part-owned by BCP Group * Banque Centrale Populaire, part of BCP Group * Bank of Africa * Banque Marocaine pour le Commerce et l'Industrie (BMCI), part of BNP Paribas Group * Banque Populaire du Centre-Sud, part of BCP Group * Banque Populaire de Fes-Meknès, part of BCP Group * Banque Populaire de Laayoune, part of BCP Group * Banque Populaire de Marrakech - Beni Mellal, part of BCP Group * Banque Populaire de Nador - Al Hoceima, part of BCP Group * Banque Populaire d'Oujda, part of BCP Group * Banque Populaire de Rabat-Kénitra, part of BCP Group * Banque Populaire de Tanger-Tétouan, part of BCP Group * CDG Capital, part of the state-owned Caisse de Dépôt et de Gestion (CDG) Group * Crédit Agricole du Maroc (CAM), ...
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Banks Of Morocco
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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Companies Based In Casablanca
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Banks Established In 1929
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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