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BNP Paribas increases by 10% its majority stake in the capital of BMCI

On 12 February 2004, BNP Paribas acquired 10% of the capital of BMCI (Banque Marocaine pour le Commerce et l'Industrie) through a block trade on Casablanca Stock Exchange.

This acquisition is in line with BNP Paribas' strategy and will strengthen its presence in Morocco.