BMCI

Custodian bank

Custodian bank, BNP Paribas group

Role

The role of BMCI

BMCI (Banque Marocaine pour le Commerce et l'Industrie) is a Moroccan bank listed on the Casablanca Stock Exchange and a subsidiary of the BNP Paribas group. In the asset management market, it acts as a fund custodian bank and distributes funds to its clients.

Missions

Main missions

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

Distribute mutual funds to retail and corporate clients.

Bring the standards of an international banking group to the market through its shareholder BNP Paribas.

Published data

What BMCI publishes

As a listed issuer, BMCI 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

All Moroccan mutual funds

FAQ

Frequently asked questions

What is BMCI's role in the fund market?

BMCI is a fund custodian and distributor in Morocco. It is a BNP Paribas group subsidiary listed on the Casablanca Stock Exchange.

What is a fund custodian bank?

The custodian bank safekeeps a fund's assets and oversees the regularity of the management company's decisions: a structural protection for investors, separate from the manager.

Official sources

Official website : www.bmci.ma

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