Best bank
Banque Commerciale du Maroc Banque Commerciale du Maroc (BCM) has consolidated its position as the best bank in Morocco this year through its acquisition of Wafabank, a leading competitor. Once the deal is completed in October 2004 it will be the largest bank in Morocco and the fourth largest in Africa.
BCM?s non-performing loans and finances have deteriorated over the past year, mainly as a result of increased recognition, but its position as Morocco?s leading corporate and investment bank remains intact.
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