Crédit du Maroc

Moroccan commercial bank
Crédit du Maroc
Company typeSociété Anonyme
IndustryBanking
Founded1929
Revenue2.45 billion dirhams – Net Banking Income (2021)
Net income
627.39 million dirhams (2021)
ParentHolmarcom Group
Websitewww.creditdumaroc.ma

Crédit du Maroc (CDM; Arabic: مصرف المغرب) is a Moroccan commercial bank founded in 1929.

Long owned by the giant Crédit Agricole S.A., it has been owned by the Holmarcom Group since April 2022.[1]

History

New visual identity of Crédit du Maroc following the acquisition by Holmarcom in 2022

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.[2]

At the end of April 2022, Crédit Agricole announced its complete disengagement from Crédit du Maroc, of which it held 78.7% of the capital, in favor of the Holmarcom Group.[3]

References

  1. ^ "Crédit Agricole sells its subsidiary Crédit du Maroc". Les Echos. 2022-04-28. Retrieved 2022-04-29.
  2. ^ "Crédit du Maroc/Anapec: New Partnership to Support Business Creation in Morocco". fnh.ma. Retrieved 2021-02-15.
  3. ^ "Crédit Agricole to Disengage from its Moroccan Retail Banking Subsidiary". LEFIGARO. 2022-04-27. Retrieved 2022-04-29.
  • Official website
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Banks of Morocco
Universal banks
  • Attijariwafa Bank
  • Banque Populaire
  • Bank of Africa
  • BMCI
  • CIH Bank
  • Crédit agricole
  • Crédit du Maroc
  • Société générale Maroc
  • Al Barid Bank
Investment banks
  • CFG Bank
  • Attijari Finances Corp.
  • BMCE Capital
  • Upline Group
  • Capital Trust
  • CDG Capital
Postal operator
  • Poste Maroc
Minor banks
  • Arab Bank Maroc
  • Citibank Morocco
  • UMB
Central bank
  • Bank Al-Maghrib
Mint
  • Dar As-Sikkah


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