{"id":464502,"date":"2019-01-29T14:56:28","date_gmt":"2019-01-29T13:56:28","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=464502"},"modified":"2019-01-29T14:56:28","modified_gmt":"2019-01-29T13:56:28","slug":"bnp-paribas-does-not-intend-to-withdraw-from-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/01\/29\/bnp-paribas-does-not-intend-to-withdraw-from-africa\/","title":{"rendered":"BNP Paribas &#8220;does not intend to withdraw from Africa&#8221;"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>This is what we learn from a statement issued on Thursday (January 24th) by the French banking group which denies rumors about the sale of BMCI in Morocco: &#8220;BNP Paribas wishes to recall that its establishment in Africa is today fully part of its international system and does not intend to withdraw from the continent, &#8220;he said.<\/p>\n<p>In this outing aimed at clarifying its development strategy in Africa, the bank recalls that it &#8220;adopted [on the continent] a targeted strategy and continues to strengthen where market characteristics match its strengths and conditions desired in terms of development and risk management &#8220;.<\/p>\n<p>&#8220;In Morocco, the BMCI, present for more than 70 years, intends to continue its business serving its corporate customers and individuals in the coming years. The bank intends to continue to play a significant role in the growth of the Moroccan economy, accompanying it in particular in the new challenges of sustainable development, &#8220;the statement said.<\/p>\n<p>Moreover, the BNP Paribas Group indicates that it has &#8220;chosen Morocco for the management of most of the 100 million euros of investments devoted to redesigning the information system of its activities in these areas&#8221;, which &#8220;More specifically in the context of the plan to modernize and digitize its activities in Africa&#8221;.<\/p>\n<p>In addition to Morocco, the group is present in Algeria, Burkina Faso, Guinea, Ivory Coast, Mali, Senegal, South Africa and Tunisia.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>This is what we learn from a statement issued on Thursday (January 24th) by the French banking group which denies rumors about the sale of BMCI in Morocco: &#8220;BNP Paribas wishes to recall that its establishment in Africa is today fully part of its international system and does not intend to withdraw from the continent,<\/p>\n","protected":false},"author":530746,"featured_media":464508,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12000,12591,11996],"tags":[1264,12340],"class_list":{"0":"post-464502","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"category-feature","9":"category-finance-en","10":"tag-bnp-paribas","11":"tag-morocco-en","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BNP Paribas &quot;does not intend to withdraw from Africa&quot; - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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