BNP Paribas Exits Morocco’s BMCI, Sells 67% Stake to Holmarcom

Author: Adil FaouziPublished on: April 30, 2026Country: Morocco

Business & Economy

BNP Paribas Exits Morocco’s BMCI, Sells 67% Stake to Holmarcom

BNP Paribas signed an agreement with Holmarcom Finance Company to sell its 67% majority stake in the Banque Marocaine pour le Commerce et l’Industrie (BMCI). This transaction, expected to close in the fourth quarter of 2026, reflects a broader process of economic sovereignty in Morocco. Financial terms were not disclosed, but BNP Paribas estimated the deal's impact on its CET1 capital ratio at approximately 15 basis points.

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