The Moroccan Bank for Trading and Industry (BMCI) has received approval to acquire all measures of BNP Paribas IRB participation on its IT subsidiary of the BDSI Moroccan, the bank announced in a press release. The BNP Paribas IRB participant currently has 66.74 % of the BMCI share capital.
This operation takes place before a fusion/absorption of BDSI by BMCI, which was approved by the BMCI Board of Directors on March 19, 2025. This merger is part of the BMCI strategy to rationalize your organization, the strengthening of the control of IT developments and the integration of services that previously integrated with BDSI.
The integration of BDSI employees enables BMCI to have important skills and simplify IT government and at the same time reduce the costs in connection with outsourcing. The merger should be completed in 2025, subject to the necessary regulatory permits.
BMCI determines that this merger now has all the social rights of BDSI, but does not require an increase in capital for share capital.
M.Ba.
