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BCP bank privatization put off until 2nd trimester of 2003
Morocco, Business, 10/1/2003

The 20% privatization of the state-owned Banque Centrale Populaire (BCP) was postponed to the second trimester of 2004, announced Tuesday a press release from the ministry of finance and privatization.

The postponement "will enable an objective assessment of the bank's results, the release said.

Previous Stories:
  Renault buys 26% of Moroccan carmaker's state owned shares   (9/27/2003)
  La Tribune: French savings bank to set up in Morocco   (9/19/2003)
  Customers' bank deposit increase by 6% in 2002   (7/19/2003)
  Moroccan Popular Banks institution sees consolidation of its presence in Canada   (6/27/2003)

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