African Markets Review 12 03 18
- In Morocco, the banking sector recorded a near stagnation of the outstanding amounting to MAD 844.4bn y-t-d at the end of October 2018;
- In Tunisia, publication by the BANQUE DE FINANCEMENT DES PME of its 2016 annual accounts showing a deficit of TND 18.3m against a net loss of TND 16.7m a year earlier;
- The BANK OF TANZANIA has issued, on 26th November 2018, a banking business license to CHINA DASHENG BANK LIMITED (CDBL) to carry out banking business in Tanzania as a commercial bank;
- Among the African markets, the Nigerian stock market registered the highest daily performance (+0.95%), while the Egyptian Exchange recorded the lowest one (-1.27%).
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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