Groupe BPCE has entered into exclusive talks with Banque Centrale Populaire (CBSE : BCP) to divest its banking interests in Cameroon, Madagascar, the Republic of the Congo and Tunisia. The group said that it intends to sell its 68.5% stake in Cameroon-based Banque Internationale du Cameroun Pour l'Epargne et le Crédit, its 71% stake in Madagascar-based Banque Malgache de l'Ocean Indien SA, its 100% shareholding in the Republic of the Congo-based Banque Commerciale Internationale and its 60% stake in Tunisia-based Banque Tuniso-Koweitienne. BNP Paribas CF acted as financial advisor for Banque Centrale Populaire.