Created before Nov 2016
Last update: 2017-09-01 10:50:47
Johan Frijns, BankTrack
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About BMCE Bank
In 1959 BMCE was founded by the Maroccan government as a public bank. It was the first Maroccan bank to establish a presence outside of Marocco in 1975. The privatisation of BMCE was realized in 1995 after being acquired by the Financecom Group. Since privatisation, BMCE Bank has consolidated its position as an international banking institution, adopting a universal banking model. BMCE Bank has a broad regional coverage in Morocco and has branches throughout Africa, Europe, Asia and North America. At the end of 2016 BMCE Bank controlled assets worth MAD 279 billion (USD 30 billion).
140, Avenue Hassan II
P.O. Box 13425 Casa Casablanca
Othman Benjelloun |
Chairman & CEO
CSR report 2016|
Annual report 2016
listed on Casablanca Stock Exchange
Public Shareholders, see here for the shareholding structure of BMCE Bank.
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Voluntary initiativesBMCE Bank has committed itself to the following voluntary standards:
BMCE Bank's webpage on sustainability can be viewed here.
BMCE Bank and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. BMCE Bank adopted the Equator Principles in 2010.
Reporting on the Equator Principles
BMCE Bank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Implementation and reporting
BMCE Bank is reporting on the implementation here.