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Crédit Agricole du Maroc (CAM), state-owned; CFG Group; Citibank Morocco , part of Citigroup; 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)
The Crédit Agricole du Maroc (CAM, Arabic: القرض الفلاحي للمغرب), known from 1961 to 2003 as Caisse Nationale du Crédit Agricole, is a public bank based in Rabat, Morocco. [ 1 ] History
In February 2021, Crédit du Maroc signed a partnership with the National Agency for the Promotion of Employment and Skills (Anapec) to work on promoting entrepreneurship. [3] In late April 2022, Crédit Agricole announced the sale of its 78.7 percent stake in Crédit du Maroc to the Holmarcom Group.
Crédit Agricole began distributing home purchase savings products from 1967, government-regulated mortgages from 1972 and first-time-buyer loans in 1977. In 1976, the group adopted the slogan "le bon sens près de chez vous" ("common sense close to home"). [8] [16] Crédit Agricole opened its first foreign branch, in Chicago, [14] in 1979.
BPCE (for Banque Populaire Caisse d'Epargne) 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. [ 3 ]
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