Best bank - Banque Commerciale du Maroc
Best local partner - Banque Commerciale du Maroc
Best M&A house - Banque Commerciale du Maroc
Banque Commerciale du Maroc sweeps all the awards in Morocco this year. It stands out from its competitors not only in terms of its profitability and good loan quality but also because of its good management and exceptional standards.
BCM is widely seen by both domestic and foreign corporates as the best corporate bank in the country. Competitors such as Société Générale Marocaine de Banques have particular strengths in speciality finance, but BCM has a broader spectrum of clients and businesses.
BCM has had particular success this year in its advisory business where, with HSBC CCF, it was the adviser on the only major M&A deal of the year. BCM's Attijari advisory business advised Franco-Spanish tobacco Company Altadis on its e1.3 billion May 2002 acquisition of tobacco monopoly Régie des Tabacs du Maroc.