Banking – Morocco: Will SGMB Become ‘Saham Bank'?

Maroc Diplomatique

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By Hajar Ben Hosain One year after its acquisition by the Saham group, the Société Générale Marocaine de Banques is preparing to turn a symbolic page in its history. The bank is about to change its corporate name. This turning point symbolizes the rise in power of a national banking model, carrying a renewed economic soft power at the service ... This article SGMA to SGMB: a name change to national ambitions appeared first on Diplomatic Morocco.

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The Société Générale Maroc (SGMB) is about to turn a major page in its history. An Extraordinary General Assembly is convened on 24 June 2025 to act on a strategic change: the change in the name of the bank, symbolically marking its passage under the control of the Moroccan group Saham. According to financial analysts in [...]