FINANCIAL MARKET HEADLINES
| MOROCCO | BCP | CIMR crossed upward the participation threshold of 10% in BCP capital
According to the AMMC, the CIMR (Caisse Interprofessionnelle Marocaine de Retraite) has acquired, on December 28th 2021, 5,056,366 Banque Centrale Populaire (BCP) shares, on the block market, at the price of MAD 277 per share, thus directly crossing upward the participation threshold of 10% in the bank’s capital. As a result of this transaction, CIMR holds 23,484,710 BCP shares, representing 11.55% of the bank’s capital.
Within the six months following this transaction, CIMR intends to stop its purchases on BCP stock.
ECONOMIC HEADLINES
| TUNISIA | KEY RATE | The BCT keeps the key rate unchanged at 6.25%
Following the meeting of the Board of Directors of BCT (Central Bank of Tunisia), the latter decided to keep the key interest rate unchanged at 6.25%.
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