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Keywords: Bnp Paribas
Morocco’s Holmarcom Group announced on Friday that it has entered exclusive negotiations with BNP Paribas regarding the potential acquisition of the French bank’s 67% stake in BMCI, its Moroccan subsidiary. Holmarcom has been a shareholder in BMCI for three decades and now appears poised......
The shares of BNP Paribas fell by more than 8% on Monday on the Paris Stock Exchange, after a New York juryfound the French bank complicit in human rights abuses in Sudan for helping finance the army and militias of former dictator Omar al-Bashir. Around 11:20......
OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......
Morocco has successfully executed an international bond issuance totaling €2 billion, marking its first such move since 2020. Sources close to the Ministry of Finance indicate that officials were still on site as initial details of the operation began to surface. To lead this issuance, Morocco......
In a landscape-shifting move, major French banks are withdrawing from their long-standing presence in African markets, creating new competition and opening doors for local and regional lenders. This trend, outlined in a recent Fitch Ratings report, signals a significant transformation in the African......
In a bold step toward sustainability, Morocco's phosphate giant OCP Group has launched an investor roadshow for a new international bond valued at up to $2 billion. This move follows the company's announcement in 2022 of a comprehensive $13 billion green transition plan, underscoring its commitment......