Bank of Africa

BOACustodian bank

Banking group, fund custodian and distributor

Role

The role of BOA

Bank of Africa (formerly BMCE Bank) is a Moroccan banking group present in several African countries, listed on the Casablanca Stock Exchange. In the asset management market, the group acts as fund custodian, distributes funds through its network, and carries its management business through BMCE Capital Gestion, a subsidiary of its investment bank BMCE Capital.

Missions

Main missions

01

Act as custodian bank: safekeeping of mutual fund assets and oversight of management decisions.

02

Distribute mutual funds to its clients through the Bank of Africa network in Morocco.

03

Carry the group's asset management business through BMCE Capital Gestion.

Published data

What BOA publishes

As a listed issuer, Bank of Africa publishes its financial statements and regulated announcements (approved by the AMMC). Its custodian role appears in the regulatory documents of each relevant fund.

On Yuna

Related data

See BOA's stock page (price, ratios, fund ownership)
Its asset management company
BMCE Capital Gestion
All Moroccan mutual funds
FAQ

Frequently asked questions

What is Bank of Africa's role in the fund market?
Bank of Africa is a fund custodian and distributor, and owns BMCE Capital Gestion through its investment bank BMCE Capital.
What is the Bank of Africa group's asset management company?
BMCE Capital Gestion, a subsidiary of BMCE Capital, is the Bank of Africa group's asset management company.
Official sources

Official website : www.bankofafrica.ma

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Les données brutes proviennent des sources officielles de l'ASFIM et de l'AMMC. Tous les calculs, métriques et analyses sont réalisés par Yuna. Ces informations sont fournies à titre indicatif et ne sauraient engager la responsabilité de Yuna en cas d'erreur ou d'omission. Formules basées sur les standards CFA Institute.

Politique d'utilisation
Bank of Africa (BOA): role in the Moroccan fund market - Yuna