BANK OF AFRICA - BOA SERVICES INTERNATIONAL

BOA SERVICES INTERNATIONAL - BANK OF AFRICA The BANK OF AFRICA Group (BOA Group) is now established in 18 countries, including 8 in West Africa (Benin, Burkina Faso, Ivory Coast, Ghana, Mali, Niger, Togo and Senegal), 8 in East Africa and the Indian Ocean (Burundi, Djibouti, Ethiopia, Kenya, Madagascar, Uganda, Rwanda, Tanzania), in the Democratic Republic of Congo, as well as in France, through a network of 17 commercial banks, 1 holding company, 2 regional holding companies, 2 investment companies, 2 technical assistance subsidiaries, 2 computer processing and assistance companies, and 1 representative office in Addis Ababa. Since 2010, the BANK OF AFRICA Group has been majority-owned by BMCE Bank (Moroccan Bank of Foreign Trade), the third largest bank in Morocco. BMCE Bank provides strong strategic and operational support to the BANK OF AFRICA Group, as well as direct access to international markets through its presence in Europe and Asia. The BOA Group, which was founded 35 years ago in Mali, now has around 6,000 employees. At December 31, 2018, it had a consolidated balance sheet total of 7.7 billion euros and at that date recorded a consolidated net profit of 133,000. millions of euros. BOA Services International subsidiary located in Morocco hosts support and control activities for Bank Of Africa Group banking subsidiaries in Sub-Saharan Africa