BCP Group, which has been a major player in since the very origins of Morocco’s financial markets, has bolstered its universal banking business model by launching its MEDIAFINANCE subsidiary, Morocco’s first bank specialising in the securities business.
This initiative aims to contribute to developing Morocco’s capital markets infrastructure as well as reinforcing the attributes and status of Casablanca as a financial centre.
In what is a pioneering venture in Morocco, BCP Group is leveraging the capabilities of its MEDIAFINANCE subsidiary, which has been an active player in capital markets for more than 20 years.
MEDIAFINANCE is the country’s first ever Securities Services Bank that is entirely dedicated to securities services. It aims to target Moroccan and foreign institutional clients and corporates to help them manage their multi-asset and multi-market investment portfolios.
Structured around six business lines, MEDIAFINANCE has developed a comprehensive product range that is inspired by the very highest international standards: domestic and global custody services, delivery and settlement services, fund services, corporate services, market services, outsourced custodial services.
Established in 1994, MEDIAFINANCE is a subsidiary of BCP Group and is a bank. As such, it has a banking licence, a custodian licence as well as being an authorised broker in Treasury securities.
Its target clientele comprises institutional investors including banks, finance companies, insurance companies, provident societies, retirement funds, pension and social security funds, asset management companies, investment funds, brokers, global custodians and other custodians.