Economy

BMCI Sells Its 33.33% Stake in Arval Maroc to Arval Service Lease

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The Moroccan Bank for Commerce and Industry (BMCI) is continuing to optimize its portfolio of investments. The banking institution has announced the signing of an agreement regarding the sale of its entire stake in Arval Morocco to Arval Service Lease, a French company specializing in long-term leasing solutions and mobility services.

The transaction, concluded on June 29, 2026, involves 33.33% of the capital and voting rights in Arval Morocco.

A Reorganization of Arval Morocco’s Ownership

With this transaction, Arval Service Lease strengthens its presence within its Moroccan subsidiary by acquiring the stake held by BMCI.

Until now, this stake was recorded in the bank’s consolidated financial statements using the equity method.

Arval Morocco is a company governed by Moroccan law with a share capital of 30 million dirhams. Based in Casablanca, it operates in the mobility solutions and long-term vehicle leasing sector.

A Transaction with No Significant Impact on BMCI

BMCI clarifies that this sale will not have a noticeable impact on its financial results.

As a subsidiary of the BNP Paribas group, the bank continues to manage its strategic portfolio while maintaining its activities in Morocco. Its headquarters is located at Place des Nations Unies in Casablanca, and its share capital amounts to 1.33 billion dirhams.

Arval Solidifies Its Presence in Morocco

Through this acquisition, Arval Service Lease, a French company based in Paris, reinforces its control over its operations in Morocco.

This evolution in ownership aligns with the group’s development strategy, which aims to enhance its offerings of mobility and long-term leasing services in the markets where it operates.

The transaction also reflects the desire of both parties to adapt their capital structure without changing the operational outlook for Arval Morocco, a recognized player in the corporate mobility sector.

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