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Morocco’s BMCE Bank to raise $199 mln in share issue

hlforex by hlforex
June 26, 2019
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Morocco’s BMCE Bank to raise $199 mln in share issue

BMCE Bank, one
of Morocco’s largest lenders, said it has secured approval from
the market regulator to raise 1.9 billion dirhams ($199 million)
by issuing new shares and a rights issue on the Casablanca stock
exchange.

Posted by Reuters

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