The subsidiary of France’s Credit Agricole, Credit du Maroc, has recently launched a new plan which aims to improve its market share , which stood at 5% in 2013, by 1.5% in five years, and to increase its net banking income by the year 2018, EFG Hermes ‘MENA morning Round Up’ report noted, according to Le Matin.

The report showed that the Bank is currently working on the creation of participatory finance activities after the new banking law has been approved by the Moroccan Parliament.

The Bank plans to focus on “agricultural and food-processing markets, capitalizing on its French parent company expertise,” according to EFG Hermes report.

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