The Moroccan banking Group BMCE (Moroccan Bank for foreign trade), majority shareholder of network Bank of Africa (BOA), and his Cameroonian counterpart, Afriland First Bank, announced having signed a framework agreement on inter-bank cooperation on the African continent.
These banks, present both in several countries of sub-Saharan Africa, identified 'opportunities for cooperation by co-financing projects and international trade, that can be mutually beneficial synergies for their activities and their respective subsidiaries'.
There will be sharing of experience and training of the employees within the scope of the new cooperation between the two banks.