The transfer of bancassurance activity from AXA to Wafa Assurance is no longer a priority

According to Mr. Khalid Oudghiri, Chairman of BCM, Banque Commerciale du Maroc, (the Commercial Bank of Morocco), the transfer of Axa's Bancassurance to Wafa Assurances is no longer a priority. It is worth reminding that such transfer was taken for granted on the buyout of the Wafa Group by BCM.

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