Holmarcom Group completed the acquisition of a 78.7% stake in Credit du Maroc from Credit Agricole.

Holmarcom Group, a business conglomerate, completed the acquisition of a 78.7% stake in Credit du Maroc, a bank, from Credit Agricole, a financial services company. Financial terms were not disclosed. Holmarcom has bought stakes in Credit du Maroc, in a move to strengthen its foothold in the finance and insurance business.