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What is Holmarcom Acquires Crédit du Maroc Stake about?

Crédit Agricole S.A. has sold its remaining 15% stake in Crédit du Maroc to the Moroccan group Holmarcom, completing the sale initiated in April 2022. This follows the earlier sale of a 63.7% stake in December 2022 and comes after obtaining necessary regulatory approvals. The transaction aligns with the finalized autonomisation process of Crédit du Maroc as per the announced timeline.

Author

Chaimae el harkaoui

Language

EN