BCP vs. Attijariwafa Bank: a Moroccan duel in Tunisia
In September, Morocco’s Banque centrale populaire (BCP), headed up by Mohamed Karim Mounir, will purchase a 60% interest in Tunisian bank BTK (Banque tuniso-koweïtienne) from French bank Groupe BPCE following talks initiated last autumn. The change in ownership has the potential to remake Tunisia’s banking landscape.
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▪ BCP vs. Attijariwafa Bank: a Moroccan duel in Tunisia
▪ In September, Morocco’s Banque centrale populaire (BCP), headed up by Mohamed Karim Mounir, will purchase a 60% interest in Tunisian bank BTK (Banque tuniso-koweïtienne) from French bank Groupe BPCE following talks initiated last autumn. The change in ownership has the potential to remake Tunisia’s banking landscape.
▪ https://www.africabusinessplus.com/en/799435/bcp-vs-attijariwafa-bank-duel-marocain-en-tunisie/
“Moroccan banks are now competing with one another on the international market. BCP came to Tunisia to capture some of Attijariwafa Bank’s market share. We can therefore expect a number of attractive loan offers and the opening of several branches. This is good for the sector”, said Maher Zaanouni, founder of finance advisory firm Cap Invest Partners.
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