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Atlantic Business International and the French Institute of Management sign an agreement for the financing of Executive training cycles

(BANQUE ATLANTIQUE) – Atlantic Business International (ABI), holding company of the Banque Centrale Populaire (BCP) Group, and the French Institute of Management Executive Education (IFG) concluded, on March 28, 2018, a partnership agreement relating to a financing of Executive training cycles, offered to company managers and executives.

This agreement was signed by Mr. Ahmed Benlafkih, Deputy Managing Director in charge of retail at Atlantic Business International, and Mrs. Sylvie Faucheux, Managing Director of the French Institute of Management Executive Education.

The agreement aims to facilitate access to IFG’s continuing education programs through a credit offer, the terms and conditions of which include amounts and durations adapted to the cost of training and the specific needs of the privileged targets essentially made up of executives. of companies in the countries where ABI is present.

Through this agreement, Atlantic Business International makes available to learners via its Banques Atlantique network present in the 8 countries of the UEMOA space, a financing solution for the purpose of promoting access to Executive training programs, offered by the ‘IFG. In this context, the loan granted at the rate of 7% excluding VAT, may cover up to 80% of the cost of training and be spread over a period of up to 5 years, accompanied by a deferred repayment which does not will take place only 3 months after the end of the training.

These terms guarantee beneficiaries ease during the repayment phase while allowing them to consolidate their professional experience and strengthen their career prospects.

This partnership reinforces strategic choices, resulting in the strengthening of the Group’s regional leadership through a positioning as a universal bank across the continent. It supports the Group’s commitment to work towards financial inclusion and the acceleration of the economic and social development of the countries in which it operates, in particular through a local network, an offer adapted to the needs of the various targets and a quality service to the highest standards.

About Atlantic Business International

Atlantic Business International (ABI) is a financial holding company, subsidiary of the Groupe Banque Centrale Populaire du Maroc. A financial group present in the 8 countries of the UEMOA space and in Guinea, ABI occupies a key position in the region through its commercial banks (Banque Atlantique, BIA-Niger and BPMG), its insurance companies (Atlantique Assurances Vie and P&C in Côte d’Ivoire, GTA C2A Vie and P&C in Togo) and its specialized businesses (Atlantique Finance and Atlantic Asset Management). Atlantic Business International is the 3rd group in WAEMU in terms of market share.

The Atlantic Bank network

Banque Atlantique is present in the eight countries of the WAEMU area:

• Benin

•Burkina Faso

• Ivory Coast

• Guinea-Bissau

• Mali

• Nigeria

• Senegal

•Togo

About the parent company: Groupe Banque Centrale Populaire (BCP)

Groupe BCP, one of Morocco’s leading banking institutions, is in the Top Ten of African banks in terms of balance sheet size. It draws its strength from its values ​​of solidarity, mutuality and its unique organization in Morocco. The Group is made up of 9 Banques Populaires Régionales (BPR) with a cooperative vocation; Banque Centrale Populaire (BCP), the central body of the Group in the form of a public limited company listed on the stock exchange; as well as specialized subsidiaries, foundations and banks and representations abroad. The BCP Group is present in 12 African countries and 13 other countries in the rest of the world. In the WAEMU area, the BCP relies heavily on Banque Atlantique to build the first pan-African banking group, united and anchored locally. This notion of solidarity refers to the Group’s commitment alongside African countries for the financing of major infrastructure projects and the development of social and financial inclusion, while strengthening the link between the African diaspora in the world and the native country.

It also illustrates the strong link between the Group and its various subsidiaries for better resilience over time.

About French Institute of Management (IFG)

The French Institute of Management was founded in 1956, on the initiative of the social partners and with the assistance of the public authorities. The objective was to develop the management skills of French executives. Today, IFG Executive Education has been part of INSEEC U since 2016, the leading French higher education group, which brings together more than 25,000 students on 4 campuses in France and 5 abroad.

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