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Pensions fund buys more shares in development bank
Morocco, Economics, 6/8/2001
The Moroccan Pensions Fund (CMR) has purchased 97,774 shares in the Moroccan National Development Bank (BNDE), increasing thus its participation in the state-run bank capital to 6.19 percent.
The Fund intends to purchase more shares in the bank and to take the position of BNDE administrator.
Previous Stories:
Morocco: World Bank inaugurates new country assistance strategy with Morocco
(6/7/2001)
Morocco's oil bill jumps by 64.8 percent
(6/5/2001)
Morocco, France to upgrade cooperation in new information technologies
(6/4/2001)
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