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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] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Marseillaise De Crédit
Société Marseillaise de Crédit (SMC) is a bank in France. History The Société Marseillaise de Crédit was created in 1865 by Joseph Grandval, Victor Roux, Albert Rostand and Armand Bergasse.History Marseille Info Its first chairman was Jean-Baptiste Pastré. In 1880, its headquarters was built in by Léon Verdier. Its first neighbourhood branch was opened in 1909. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa
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 Industri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Populaire (Morocco)
BCP Group, also referred to as Crédit Populaire du Maroc () and popularly known under the brand Banque Populaire or Chaabi, is a major financial services group in Morocco, headquartered in Casablanca. The acronym BCP stands for the group's central entity, the Banque Centrale Populaire which also operates retail services in the region of Casablanca and El Jadida. The group also comprises eight regional entities known as ''Banques Populaires Régionales'': these are, respectively, ''Centre-Sud'' (covering the Souss-Massa region), Fez-Meknes, Laayoune, Marrakesh-Beni Mellal, Nador-Al Hoceima, Oujda, Rabat-Kenitra, and Tangier-Tétouan. As of 2024, BCP Group was Morocco's second-largest banking group, behind market leader Attijariwafa Bank and ahead of Bank of Africa. It has had the largest deposit base in the country for many years. Like its two main Moroccan peers, it has also expanded significantly into sub-Saharan Africa. Overview The starting point of BCP Group was a Royal D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Attijariwafa Bank
Attijariwafa bank is an international financial services group headquartered in Casablanca, Morocco. Since its formation in 2004 by merger between Banque Commerciale du Maroc (in Arabic, ''bank at-tijari'') and Wafabank, it has been the leading bank in Morocco and kept that rank as of 2024. It is listed on the Casablanca Stock Exchange. Attijariwafa Bank is controlled by the Al Mada holding company, which is affiliated with the Moroccan royal family. The bank maintains offices in Europe and Asia, and has expanded significantly into sub-Saharan Africa. It was the fifth largest bank in Africa in 2021, ranked by Tier 1 capital. Together with Maroc Telecom, it was also one of two Moroccan companies ranked among the 20 leading companies in Africa in 2022. History In 2005, Attijariwafa Bank in consortium with Banco Santander acquired 54 percent of ''Banque du Sud'' in Tunisia, subsequently renamed . In Senegal, it obtained a banking license in 2005 and started its own operation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Crédit Foncier D'Algérie Et De Tunisie
The ''Crédit Foncier d'Algérie et de Tunisie'' (, , abbr. CFAT) was a French colonial bank. It was originally founded in 1880 as the ''Crédit Foncier et Agricole d'Algérie'' (CFAA, ), an Algerian affiliate of Crédit Foncier de France, and took its name CFAT in 1909 following expansion to Tunisia. In 1963, following Algerian independence, it renamed itself as ''Société Centrale de Banque'' (SCDB). It was acquired by Société Générale in 1971 and eventually absorbed by it in 1997. Its former overseas operations have become part of in Algeria, Amen Bank in Tunisia, Société Générale in Morocco, and Fransabank in Lebanon. Colonial era Paris-based Crédit Foncier de France was allowed in 1860 to expand its agricultural mortgage operations into French Algeria, but did not follow suit aggressively because of the already established Société Générale Algérienne (SCA), chaired by the Crédit Foncier's Governor Louis Frémy. In 1880, following the SCA's collapse and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meknes
Meknes (, ) is one of the four Imperial cities of Morocco, located in northern central Morocco and the sixth largest city by population in the kingdom. Founded in the 11th century by the Almoravid dynasty, Almoravids as a military settlement, Meknes became the capital of Morocco during the reign of Sultan Ismail Ibn Sharif (1672–1727), son of the founder of the Alaouite dynasty. Sultan Ismail created a massive Kasbah of Moulay Ismail, imperial palace complex and endowed the city with extensive fortifications and monumental gates. The city recorded a population of 632,079 in the 2014 Moroccan census. It is the seat of Meknès Prefecture and an important economic hub in the region of Fès-Meknès. Etymology Meknes is named after an Amazigh (Berber) tribe historically known as the Miknasa ( in Amazigh languages). History Early history (8th–16th centuries) Volubilis, a major Ancient Rome, Roman-era settlement in Morocco and one of its early urban centres, is located near the sit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
