BNP Paribas (BNPQY) announced that it has entered into exclusive discussions for a potential sale of its 67% stake in its Moroccan subsidiary BMCI with the Holmarcom Group, a partner and shareholder of BMCI for 30 years. These discussions are at a preliminary stage. If a project were to move forward, further details would be disclosed in due course in accordance with applicable regulations. If the transaction were to be completed in 2026, the positive impact on BNP Paribas’ CET1 ratio at the time of completion would be approximately +15 bps.
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