Principal Activities
Provides commercial banking services including deposits, loans and credit cards; direct investment in various sectors.
Date of Establishment Year
1959 (January)
No of Employees
4,920 Company, 9,200 Group (As of Oct 29, 2010)
|
|
Major Shareholders  |
Section Updated: 29Oct10
|
|
|
|
|
|
|
Banque Fédérative du Crédit Mutuel
|
Corporate |
France |
25.00% |
|
RMA Watanya
|
Corporate |
Morocco |
28.33% |
|
Caja Del Mediterraneo
|
Corporate |
Spain |
4.68% |
|
Finance.com
|
Corporate |
Morocco |
4.68% |
|
Caisse Interprofessionnelle Marocaine de Retraites
|
Government |
Morocco |
4.38% |
|
Banco Espirito Santo Fundo de Pensoes
|
Corporate |
Portugal |
2.36% |
|
Société Financière de Crédit du Maghreb [SFCM]
|
Corporate |
Morocco |
0.54% |
|
Société Centrale de Réassurance
|
Government |
Morocco |
0.45% |
|
Banco Espirito Santo
|
Corporate |
Portugal |
0.23% |
|
Banque Marocaine du Commerce Extérieur employees
|
Private |
- |
0.19% |
|
Public
|
|
- |
14.18% |
|
| Direct Investments and Related Entities |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| BMCE Academy |
Morocco |
100.00% |
| BMCE Bank International |
United Kingdom |
100.00% |
| BMCE Capital |
Morocco |
100.00% |
| BMCE Internacional Madrid |
Spain |
100.00% |
| Docuprint |
Morocco |
100.00% |
| Fondation BMCE |
Morocco |
100.00% |
| Global Network Systems |
Morocco |
100.00% |
| Mabanicom |
Morocco |
100.00% |
| Maroc Factoring |
Morocco |
100.00% |
| BMCE Assurbank |
Morocco |
95.00% |
| Salafin |
Morocco |
74.31% |
| Locasom |
Morocco |
70.00% |
| BMCE Capital Bourse |
Morocco |
67.45% |
| EMAT Holding |
Morocco |
55.71% |
| Maghrebail |
Morocco |
50.99% |
| Hanouty Shop |
Morocco |
45.55% |
| Bank of Africa |
Mali |
42.50% |
| Société Eurafric Information |
Morocco |
41.00% |
| Société Conseil Ingenierie et Développement |
Morocco |
38.05% |
| Casablanca Finance Markets |
Morocco |
33.33% |
| EuroCheque Maroc |
Morocco |
28.72% |
| Banque de Dévelopement du Mali |
Mali |
27.38% |
| La Conglaise de Banque |
Congo |
25.00% |
| Euler Hermes Acmar |
Morocco |
20.00% |
| Maghreb Arab Trading Company |
Morocco |
20.00% |
|
| Investments |
|
|
|
|
| Société Recours |
Morocco |
15.00% |
| Tanger Free Zone |
Morocco |
12.86% |
| Moroccan Information Techno Parc |
Morocco |
12.28% |
| Société de Gestion de Casablanca Technopark |
Morocco |
12.28% |
| Centre Monetique Interbancaire |
Morocco |
11.20% |
| Société IPE |
Morocco |
8.68% |
| Arab Italian Bank |
Italy |
4.34% |
| Groupe Risma |
Morocco |
4.00% |
| RMA Watanya |
Morocco |
3.52% |
| Société d'Aménagement du Parc Industriel de Nouaceur |
Morocco |
1.65% |
| Capital Morocco Fund |
|
- |
| Maroc Numeric Fund |
|
- |
|
Auditors
| Fidaroc Grant Thornton |
Ernst and Young Middle East and North Africa |
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
MAD'000 |
MAD'000 |
change (%) |
Total revenues  |
12,027,843
|
7,512,000
|
(37.54) |
| Net profit |
384,821
|
819,000
|
112.83 |
| Total assets |
168,405,669
|
187,188,000
|
11.15 |
| Paid-up capital |
1,587,514
|
1,587,514
|
0.00 |
| Shareholders' Equity |
6,139,121
|
12,390,000
|
101.82 |
| Shares outstanding |
158,751
|
158,751
|
0.00 |
| Market capitalization |
42,069,118
|
41,434,113
|
(1.51) |
| Note: Paid Up Capital increased to MAD1,694,639,000 as of October 2010. |
| Note: Current shares outstanding is 171,963,390 |
| » View Full Financials |
|
Talk To Zawya Analyst
List Related Companies
Print
Download to PDF