Keywords: BNP
Morocco’s Holmarcom Group announced on Friday that it has entered exclusive negotiations with BNP Paribas regarding the potential acquisition of the French bank’s 67% stake in BMCI, its Moroccan subsidiary. Holmarcom has been a shareholder in BMCI for three decades and now appears poised......
The shares of BNP Paribas fell by more than 8% on Monday on the Paris Stock Exchange, after a New York juryfound the French bank complicit in human rights abuses in Sudan for helping finance the army and militias of former dictator Omar al-Bashir. Around 11:20......
OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......
Morocco has successfully executed an international bond issuance totaling €2 billion, marking its first such move since 2020. Sources close to the Ministry of Finance indicate that officials were still on site as initial details of the operation began to surface. To lead this issuance, Morocco......
In a landmark decision, Bangladesh's High Court has acquitted Tarique Rahman, son of former Prime Minister Khaleda Zia, along with 48 others, overturning their convictions in a 2004 grenade attack that targeted a political rally. This ruling has far-reaching implications, not only for the individuals......
In a dramatic turn of events that has reshaped Bangladesh's political landscape, Prime Minister Sheikh Hasina's resignation has paved the way for an interim government, following widespread student protests and subsequent violent crackdowns. The unfolding situation has captured international......
In a significant turn of events, Bangladesh has announced the restoration of internet services nationwide, signaling a return to normalcy following weeks of intense student protests against job quota reforms. The unrest, which began in universities and colleges last month, escalated into nationwide demonstrations,......
Bangladesh is in turmoil as protests against the country's controversial job quota system have escalated into deadly violence. The government has shuttered educational institutions nationwide in response to the chaos that has claimed six lives and left hundreds injured. The conflict centers on a......
In a landscape-shifting move, major French banks are withdrawing from their long-standing presence in African markets, creating new competition and opening doors for local and regional lenders. This trend, outlined in a recent Fitch Ratings report, signals a significant transformation in the African......
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