BMCE Bank International explained

BMCE Bank International Plc.
Type:Private
Foundation:2007
Location:London
United Kingdom
Industry:Financial services
Products:Investment banking
Capital Markets
Corporate Banking
Advisory
Homepage:bmce-intl.co.uk

BMCE Bank International, formerly known as MediCapital Bank Plc is an international bank specialising in Africa.

BMCE Bank International is a multinational full service investment and wholesale bank, headquartered in London with an international network in Europe and Africa. Its core business divisions are Capital Markets, Corporate Banking and Advisory.[1]

History

BMCE Bank International was launched in 2007 under the name MediCapital Bank as the international wholesale arm of BMCE Group and started trading in February 2008. On September 1, 2010 MediCapital Bank changed its name to BMCE Bank International

BMCE Group is part of the Finance.com Group, one of the largest private financial groups in Morocco. Operating both domestically and internationally, BMCE Group has four main businesses: retail banking, corporate banking, investment banking and international banking and a long experience of doing business in Africa through its on-the-ground network of offices in fifteen countries across North, West, East and Central Africa. It is listed on the Casablanca Stock Exchange with a market capitalisation of c. $US 5 billion (as at 31 December 2009).

Services

BMCE Bank International currently has three core business divisions: Capital Markets, Corporate Banking, and Advisory.

Capital Markets

The Treasury and Capital Markets division's main products offering are foreign exchange & money markets, equities sales & trading, private equity and credit trading & structuring.

Corporate Banking

The division offers:

Advisory

The Advisory division (MediCapital Finance) resulted from the acquisition of Pall Mall Capital, a corporate finance boutique based in Paris, in July 2008.Its core business focuses on South-South mid-cap transactions and on companies based in North / West Africa. The team also specialises in cross-border transactions and provides financial services, including M&A advisory, equity restructuring & fund raising and privatisation advisory.

See also

External links

Notes and References

  1. http://business.timesonline.co.uk/tol/business/management/article6313860.ece Making inroads into Africa's middle class, Martin Waller, The Times, 2009-05-19