After having recorded the merger by absorption of FinanceCom by the Holding Benjelloun Mezian, the group founded and chaired by Othman Benjelloun has just unveiled the change of its institutional identity under the name O CAPITAL GROUP.
“Today, thanks to the merger of the two family holdings and the reorganization of the activity portfolios, O CAPITAL GROUP has acquired a share capital of One billion Dirhams and expanded resources allowing it to continue its investments and to calmly develop its anchoring and its influence on the national, continental and world stage ”, such is the announcement made by the management of Bank Of Africa.
In fact, in a press release sent to Hespress FR, the Benjelloun Mezian Holding founded and chaired by Othman Benjelloun announces the change of its institutional identity under the name O CAPITAL GROUP, after having recorded the merger by absorption of FinanceCom.
And to let people know that the merger, aimed at simplifying the structure of holding companies and grouping the holdings under a single entity, comes after two decades of significant achievements under the name FinanceCom, and during which the Group has invested heavily in the banking professions: Bank Of Africa, Insurance: Royale Marocaine d’Assurance, Telecoms: Medi Telecom Orange and prestigious works like the emblematic project of the Mohammed VI Tower.
“The logo badge O is inspired by the founder’s initial as well as by the symbolism of ‘Enso’, a sign from Chinese and Japanese cultures,” said the same source, noting that the open circle evokes the infinite character of time and space and recalls the shape of the world and the cosmos.
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