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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, Fez-Meknes, Laayoune, Marrakesh-Beni Mellal, Nador-Al Hoceima, Oujda, Rabat-Kenitra, and Tangier-Tétouan.
Bank of Africa (BOA) is an international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa by the Banque Marocaine du Commerce Extérieur, 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.
BPCE is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. It has more than 8,200 branches nationwide under their respective brand names serving nearly 150 million customers. Its wholesale banking subsidiary Natixis, previously a separately listed company, was delisted and came under full ownership of Groupe BPCE in 2021.
MCB Group Limited is a financial services holding company. Its headquarters is located in Port Louis, Mauritius, with subsidiaries and investments in Mauritius, France, India, Madagascar, Maldives, Mayotte, Mozambique, Réunion, Seychelles and South Africa.
BRED is one of the cooperative banks part of Groupe Banque Populaire in France. It was founded in 1919 by Louis-Alexandre Dagot in Vincennes. As of 2018, the Bank has a network of 400 local branches in France. 30% of its 6,600 employees are located outside France and in French overseas collectivities. It has 5.8 billion euros of shareholders equity.
Société Générale Morocco, formal name the Société Générale Marocaine de Banques since 1965 (SGMB), is the Moroccan subsidiary of Société Générale, headquartered in Casablanca and originally established in 1913. In April 2024, Société Générale announced the sale of its majority stake in SGMB to the Saham Group controlled by Moroccan financier Moulay Hafid Elalamy.
References
- ↑ "Banques". Mada-Books. Retrieved 20 December 2024.
- ↑ "Societe Generale signs an agreement with Bred Banque Populaire to sell its subsidiary in Madagascar". Société Générale. 5 August 2024.
