Holmarcom group set to acquire Credit Agricole’s stakes in Credit du Maroc

MOROCCO – Holmarcom group, an insurance and real-estate company, has announced that it seeks to buy stakes held by Paris-based Credit Agricole in its Moroccan branch Credit du Maroc, a move that will significantly change the landscape of Morocco’s banking and insurance industries. “These discussions are at a preliminary stage without any certainty on their outcome. Holmarcom will communicate more…

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