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By the early 2020s, SGMB was the fourth-largest bank in Morocco behind market leader Attijariwafa Bank, the cooperative Banque Populaire Group, and the former BMCE renamed Bank of Africa. [7] On 12 April 2024, Société Générale announced the sale of its 57.7 percent stake in SGMB to Saham Group together with its insurance subsidiary, La ...
Crédit Immobilier et Hôtelier (CIH Bank), part of CDG Group; Crédit du Maroc; Fonds d'Équipement Communal (FEC), state-owned; Mediafinance, part of BCP Group (later rebranded as BCP Securities Services) Société Générale Marocaine de Banques (SGMB) Union Marocaine de Banques (UMB), under temporary administration [2] Caixa Bank, part of ...
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Attijariwafa bank is an international financial services group headquartered in Casablanca, Morocco. Since its formation in 2004 by merger between Banque Commerciale du Maroc (in Arabic, bank at-tijari) and Wafabank, it has been the leading bank in Morocco and kept that rank as of 2024. [3] It is listed on the Casablanca Stock Exchange. [4]