BNP Paribas sells BMCI stake to Holmarcom
BNP Paribas and Holmarcom Finance Company signed an agreement for the sale of BNP's stake in BMCI.
April 30, 2026
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Source: boursier.com
BNP Paribas and Holmarcom Finance Company (HFC) have signed a definitive agreement for the sale of BNP Paribas' stake in BMCI, a Moroccan bank. The deal follows exclusive negotiations announced on December 12, 2025.
Under the terms, HFC will acquire a majority stake in BMCI. The transaction is subject to regulatory approvals and is expected to close in the second half of 2026.
BNP Paribas stated the sale aligns with its strategy to streamline operations and focus on core markets. BMCI will continue to operate under its current brand and management.
❓ Frequently Asked Questions
What is BMCI?
BMCI is a Moroccan bank, a subsidiary of BNP Paribas, operating in retail and corporate banking.
Who is Holmarcom Finance Company?
Holmarcom Finance Company is the financial arm of the Holmarcom group, a Moroccan conglomerate.
When will the sale be completed?
The sale is expected to close in the second half of 2026, pending regulatory approvals.
