Morocco is selling 20 per cent of BCP to the regional offices of the bank - the 10 Banques Populaires Regionales, a move which raises their stake in BCP to 37 per cent. The Ministery of Economy and Finance claimed the move would boost the bank's development and allow the regional branches to play a greater role in the devolution of power to the regions.

Morocco sells stake in Banque Central Populaire
Banque central Populaire