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Fitch affirms Banque Marocaine pour le Commerce
Fitch Ratings said it affirmed Banque Marocaine pour le Commerce et l'Industrie's (BMCI) ratings at national long-term AA-(mar), short-term rating at F1+(mar) and support of 3.
The outlook for the national long-term rating remains stable.
The ratings of BMCI reflect Fitch's view of the potential level of support for the bank from BNP Paribas (AA/F1+), which effectively controls it.
Fitch added the 3 support rating reflects the agency's opinion that there is a moderate probability of support from the parent.
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