Banque Populaire increases stake in BIA Niger and BPMG in Guinea

Banque Populaire increases stake in BIA Niger and BPMG in Guinea

Atlantic Banque International, the former Moroccan public financial institution and parent company of seven subsidiaries in West Africa, boosts its stakes in two other African subsidiaries.

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            ▪ Banque Populaire increases stake in BIA Niger and BPMG in Guinea

▪ Atlantic Banque International, the former Moroccan public financial institution and parent company of seven subsidiaries in West Africa, boosts its stakes in two other African subsidiaries.

https://www.jeuneafriquebusinessplus.com/en/807317/banque-populaire-takes-a-stake-in-bia-niger-and-bpmg-in-guinea/

18/03/2021 at 18h05, by Jeune Afrique Business+, updated 19/03/2021

These recent transactions aim to strengthen equity through capital increases or conversions of associates’ current accounts rather than a disengagement of other shareholders.

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