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BMCE BoA has unveiled its annual results, also announcing an upcoming capital increase. This operation will be done by the next entry of an international investor in the round robin for MAD 2 billion (200 million dollars).
The capital increase will cover nearly 4 billion dirhams. Thus, in addition to the MAD 2 billion of the international investor, the group will make a public offering of MAD 1 billion and will also make an optional conversion of dividends for the year 2018 for an amount of MAD 900 million.
