Privatisation of the bank.

Launch of the Global Depositary Receipt (GDR) programme on the London Stock Exchange (USD 60 million).

 Creation of Salafin, a consumer credit company.

Creation of BMCE Capital, the Group's investment bank.

Opening of Representative Offices in London and Beijing.

1st non-European bank to receive a social rating in Morocco

Creation of the Tunisian investment bank Axis Capital.

Start of BBI London activities.

Acquisition of 35% of BOA Group

1st bank in the MENA region to be awarded the ISO 14001 certification for the Environment.