MOROCCO Banks Issue dated 14/05/2020

Troubled times for Adil Douiri's private CFG Bank

Adil Douiri's private CFG Bank has hit turbulence. The RCAR pension fund's share purchase may offer a lifeline after its unsuccessful conversion into universal hybrid bank. This is without counting on internal divisions as director Souad Benbachir leaves her administrative seat. [...] (400 words)
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