Bank of Africa

BOA

MA0000012437

Banks

End-of-day quote Casablanca S.E. Other stock markets 03:30:00 27/06/2024 am IST			5-day change	1st Jan Change
193 ^MAD	-0.52%		+1.58%	+7.52%

12/06	Compagnie de Transports au Maroc Société Anonyme completed the acquisition of 51% stake in Africa Morocco Links from Bank of Africa for approximately MAD 310 million.	CI
30/05	Bank of Africa Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Compagnie de Transports au Maroc Société Anonyme completed the acquisition of 51% stake in Africa Morocco Links from Bank of Africa for approximately MAD 310 million.

June 12, 2024

Compagnie de Transports au Maroc Société Anonyme (CBSE:CTM) agreed to acquire 51% stake in Africa Morocco Links from Bank of Africa (CBSE:BOA) on April 5, 2024. The effective completion of the operation is subject to obtaining authorizations from the competent authorities.

Compagnie de Transports au Maroc Société Anonyme (CBSE:CTM) completed the acquisition of 51% stake in Africa Morocco Links from Bank of Africa (CBSE:BOA) for approximately MAD 310 million on June 12, 2024. The transaction has obtaining authorizations from the competent authorities.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	COMPAGNIE DE TRANSPORTS AU MAROC SOCIÉTÉ ANONYME	695 MAD	+2.67%	+8.59%	85.65M
	BANK OF AFRICA	193 MAD	-0.52%	+1.58%	4.15B

Latest news about Bank of Africa

Compagnie de Transports au Maroc Société Anonyme completed the acquisition of 51% stake in Africa Morocco Links from Bank of Africa for approximately MAD 310 million.	12/06	CI
Bank of Africa Reports Earnings Results for the First Quarter Ended March 31, 2024	30/05	CI
Compagnie de Transports au Maroc Société Anonyme agreed to acquire 51% stake in Africa Morocco Links from Bank of Africa.	05/04	CI
Bank of Africa Proposes Dividend	26/03	CI
Bank of Africa Reports Earnings Results for the Full Year Ended December 31, 2023	22/03	CI
Bank of Africa Reports Earnings Results for the Half Year Ended June 30, 2023	02/11	CI
The Government of the Union of Comoros signed memorandum of understanding to acquire Banque Fédérale de Commerce from Bank of Africa.	20/23/20	CI
Bank of Africa Reports Earnings Results for the Nine Months Ended September 30, 2023	30/23/30	CI
Bank of Africa completed the acquisition of 43.65% additional stake in BTI Bank from Al Baraka Group B.S.C..	27/23/27	CI
Bank of Africa Reports Earnings Results for the First Quarter Ended March 31, 2023	16/23/16	CI
Who are the lenders stepping up as SocGen scales back in Africa	08/23/08	RE
Kenya central bank nominee to push for floating local dollar bonds	31/23/31	RE
South Africa's central bank lifts key rate by 50 basis points	25/23/25	RE
Bank of Africa Reports Earnings Results for the Full Year Ended December 31, 2022	14/23/14	CI
Bank of Africa Proposes Dividend	27/23/27	CI
Emmerson shares up as puts together lending syndicate	14/23/14	AN
Emmerson Appoints Lead Arrangers for $310 Million Moroccan Potash Project Financing	14/23/14	MT
Bank of Africa agreed to acquire 43.65% additional stake in BTI Bank from Al Baraka Group B.S.C..	26/22/26	CI
Bank of Africa Reports Earnings Results for the Nine Months Ended September 30, 2022	30/22/30	CI
Bank of Africa Reports Earnings Results for the Half Year Ended June 30, 2022	27/22/27	CI
Bank of Africa Reports Earnings Results for the First Quarter Ended March 31, 2022	15/22/15	CI
Bank of Africa Reports Earnings Results for the Full Year Ended December 31, 2021	25/22/25	CI
Bank of Africa Announces Parent and Consolidated Earnings Results for the First Half Ended June 30, 2021	27/21/27	CI
Bank of Africa Reports Earnings Results for the First Quarter Ended March 31, 2021	16/21/16	CI
Bank of Africa Reports Consolidated and Parent Company Earnings Results for the Year Ended December 2020	29/21/29	CI

Chart Bank of Africa

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Company Profile

BMCE Bank of Africa is one of the leading Moroccan private banking groups. The activity is primarily organized around 5 sectors: - network banking: sales of classic banking products and services and specialized (consumer loans, real estate lending, leasing, factoring, bank insurance); - finance banking; - market and investment banking: primarily financial intermediation, performance of transactions related to negotiable debt securities and merger-acquisition consulting; - asset management; - supply of services for international: transfer of monetary flows, supply of documentary services, guarantees, investment promotion, coordination of transactions (primarily in the field of lending), import financing, etc. At the end of 2021, the group managed MAD 192.5 billion in current deposits and MAD 179.3 billion in current credits.

Sector

Banks

Calendar

30/09/2024 - Q2 2024 Earnings Release (Projected)

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ESG Refinitiv

C+

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UNDERPERFORM

Number of Analysts

Last Close Price

193 MAD

Average target price

193.5 MAD

Spread / Average Target

+0.26%

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Commercial Banks

Bank of Africa

Equities

BOA

MA0000012437

Banks

Compagnie de Transports au Maroc Société Anonyme completed the acquisition of 51% stake in Africa Morocco Links from Bank of Africa for approximately MAD 310 million.

Stocks mentioned in the article

Latest news about Bank of Africa

Chart Bank of Africa

Company Profile

Income Statement Evolution

Ratings for Bank of Africa

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Commercial Banks