BNP Paribas to Sell 67 Percent Stake in Morocco BMCI
BNP Paribas agreed to sell its 67 percent stake in Moroccan lender BMCI to Holmarcom Finance Company. The transaction is expected to close by the end of 2026.
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BNP PARIBAS will sell its 67% majority stake in Moroccan lender BMCI to Holmarcom Finance Company (HFC). The deal marks a pivot for the French bank as it offloads retail assets to focus on corporate and investment banking in Morocco. This exit allows Holmarcom to consolidate its position as a dominant domestic banking player.
