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Moroccan-Senegalese bank set up
Morocco-Senegal, Business, 2/19/2000
A Moroccan-Senegalese bank "Senbank" has been set up under an accord concluded on Wednesday between the Moroccan Wafabank and the Senegalese holding "Keur Khadim," reported Moroccan weekly La Vie Economique.
Senbank --to be based in Dakar-- may become operational within an 18-month deadline and will in a first phase cover the eight countries of the economic and monetary union of West African states (ECOWAS).
ECOWAS, set up in 1994, seeks to create a regional common market based on the free movement of people, goods, services and capital. It Musters Benin, Burkina Faso, Cote d'Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo.
Previous Stories:
Moroccan carrier, major share holder in Senegalese new carrier
(1/29/2000)
Morocco ties with Senegal in trial match
(12/23/1999)
Dakar boulevard named after the late King Hassan II
(12/16/1999)
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