In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation:<\/strong><\/p>\n Economic sectors concerned:<\/strong><\/p>\n Deadline for interested third parties to submit their observations:<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council has received notification of an economic concentration project concerning the acquisition by the company \u201cHolmarcom Finance Company SA\u201d of the exclusive control of the \u201cMoroccan Bank for Commerce and Industry, BMCI SA\u201d.<\/p>\n \u201cHolmarcom Finance Company SA\u201d<\/strong> is a Moroccan joint-stock company with its registered office at No. 20, Rue Mostafa El M\u00e2ani, Casablanca and is registered in the Casablanca Trade Register under number 441371. This company operates in the insurance and banking sectors as well as in specialized financial services. \u201cHolmarcom Finance Company SA\u201d is a subsidiary of \u201cHolmarcom SA\u201d, which holds 81.98% of its share capital.<\/p>\n \u201cHolmarcom SA\u201d<\/strong> is a Moroccan joint-stock company, with its registered office at No. 20, Rue Mostafa El M\u00e2ani, Casablanca and is registered in the Casablanca Trade Register under number 37149. The company \u201cHolmarcom SA\u201d<\/strong> operates mainly in finance, agro-industry, distribution and logistics as well as real estate.<\/p>\n The \u201cMoroccan Bank for Commerce and Industry, BMCI SA<\/strong>\u201d is a Moroccan joint-stock company, with its registered office at No. 26, Place Des Nations Unies, Casablanca and is registered in the Casablanca Trade Register under number 4091. The \u201cMoroccan Bank for Commerce and Industry, BMCI SA\u201d operates in the banking sector by offering a complete range of financial products for individuals, businesses, and institutions.<\/p>\n <\/p>\n Done in Rabat on June 19, 2026<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups concerned: The acquirer: \u201cHolmarcom Finance Company SA\u201d; The target: \u201cMoroccan Bank for Commerce and Industry, BMCI SA\u201d. Nature of the operation: Acquisition of exclusive control. Economic sectors concerned: Banking and financial services. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this press release, i.e. July 1, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration project concerning the acquisition by the company \u201cHolmarcom Finance Company SA\u201d of the exclusive control of the \u201cMoroccan Bank for Commerce and Industry, BMCI SA\u201d. \u201cHolmarcom Finance Company SA\u201d is a Moroccan joint-stock company with its registered office at No. 20, Rue Mostafa El M\u00e2ani, Casablanca and is registered in the Casablanca Trade Register under number 441371. This company operates in the insurance and banking sectors as well as in specialized financial services. \u201cHolmarcom Finance Company SA\u201d is a subsidiary of \u201cHolmarcom SA\u201d, which holds 81.98% of its share capital. \u201cHolmarcom SA\u201d is a Moroccan joint-stock company, with its registered office at No. 20, Rue Mostafa El M\u00e2ani, Casablanca and is registered in the Casablanca Trade Register under number 37149. The company \u201cHolmarcom SA\u201d operates mainly in finance, agro-industry, distribution and logistics as well as real estate. The \u201cMoroccan Bank for Commerce and Industry, BMCI SA\u201d is a Moroccan joint-stock company, with its registered office at No. 26, Place Des Nations Unies, Casablanca and is registered in the Casablanca Trade Register under number 4091. The \u201cMoroccan Bank for Commerce and Industry, BMCI SA\u201d operates in the banking sector by offering a complete range of financial products for individuals, businesses, and institutions. Done in Rabat on June 19, 2026<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-47632","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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