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Morocco reclaims its banks: The Holmarcom-BMCI deal and the end of French capital's reign
April 30, 2026
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Holmarcom Group’s agreement to acquire BNP Paribas’s majority stake in BMCI, announced Wednesday, transfers control of one of Morocco’s main retail banks to a domestic group, extending a series of exits by French lenders from the market. The deal gives the conglomerate a controlling stake in BMCI and clears the path for a merger with [] The post Morocco reclaims its banks: The Holmarcom-BMCI deal and the end of French capital's reign appeared first on HESPRESS English - Morocco News.
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Coverage and analysis from Morocco. All insights are generated by our AI narrative analysis engine.
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