BNP Paribas on the verge of withdrawing from Senegal
The French giant continues its reorientation on the continent by selling its shares in BICIS.
24/02/2022 at 17h47, by Africa Business+
According to Africa Business+ sources, BNP Paribas is about to sell its subsidiary in the Republic of Senegal. The French giant is planning on selling its shares in its subsidiary Banque Internationale pour le Commerce et l’Industrie du Sénégal (BICIS). The bank’s general manager, Bernard Levie, called an extraordinary executive committee meeting on the matter at the beginning of the week. Levie is the former head of BICIG, BNP’s ex-subsidiary in Gabon, sold in 2020.
Recommended articles
Bank
19/09/2022 at 22h12, by Africa Business+
Pierre Bérégovoy is the new CEO of BNP Paribas in Algeria
Aged 59, the new CEO has spent his entire career spanning nearly 37 years at the French bank BNP Parisbas....
Bank
14/09/2022 at 07h55, by Africa Business+
Samir Mezine, new Director General of BICIS (BNP Paribas) in Senegal
According to our sources, Samir Mezine is effectively taking over the management of BICIS, a subsidiary...
Bank
23/08/2022 at 15h53, by Africa Business+
Finactu to assist BNI in acquiring BICICI (BNP Paribas) in Cote d’Ivoire
Details from Africa Business+.
Bank & Insurance
29/07/2022 at 18h23, by Africa Business+
Pathé Dione’s SUNU acquires BNP Paribas Senegalese subsidiary BICIS
An exclusive with Africa Business+.
Bank
08/04/2022 at 15h21, by Africa Business+
Bicici: BNI’s Youssouf Fadiga seeks advisor for takeover bid
Africa Business+ learned yesterday from several sources that the National Investment Bank (BNI) is preparing...
Bank
31/01/2022 at 18h42, by Africa Business+
Simon Tiemtore’s VistaGui – ex-BNP – seeking IFC guarantee facility
The institution is starting the year, hoping to secure international support.