Spain’s Banco Popular has opened a representative office in Casablanca, Morocco, as part of its business development plans outside Spain. The opening of the Moroccan office takes the number of countries where Banco Popular has a presence to 20. Over the past 10 years commercial exchanges between Spain and Morocco have more than doubled, the […]
S&P Dow Jones Indices has announced the results of its Country Classification Consultation initiated in July 2014, which included the reclassification of Morocco market. The reclassification of Morocco was largely due to persistent problems with lack of liquidity in the local market.”The declining trend in market liquidity over the last several years does not align […]
Societe Generale Maroc, the subsidiary of Societe Generale group in Morocco, is launching a private banking offering for top-tier wealth management clients in the country.
Fitch has upgraded Casablanca-based BMCE Capital Gestion’s asset manager rating to M2+ from M2 to reflect its renewed IT infrastructure having implementated portfolio and risk management solution, Sophis Value.
The misconceptions of the risks associated with investing in Africa are most acutely expressed within the valuations of local African debt markets, says Mahan Namin, a portfolio manager at Insparo Asset Management.