BNP Paribas announced on Friday that it has entered into exclusive negotiations with the Holmarcom Group regarding the potential sale of its 67% stake in its Moroccan subsidiary, BMCI.

In a statement, the French bank indicated that while the transaction is expected to be finalized during 2026, the positive impact on BNP Paribas's CET1 ratio at the closing date would be approximately +15 basis points.

(Written by Coralie Lamarque; edited by Augustin Turpin)