Page 4 - Eurogiro News May 2013_web version
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4 Eurogiro News
Eurogiro
welcomes new
board members
During the Eurogiro share-
holders meeting on 13th
May 2013 in Budapest, three
new board members were
elected to the Eurogiro Board
The Board now comprises:
>
Ms. Sylvie Solignac from La Banque
Postale, France – Chairperson
>
Mr. Daniel Krebs from Swiss Post,
PostFinance – Deputy Chairperson
>
Mr. Christian Westerhaus from
Deutsche Bank, Germany
>
Mr. Walter Pinci from Poste Italiane
S.p.A, con socio unico - Patrimonio
Bancoposta
>
Mr. Paul Peckels from EPT Luxembourg
>
Mr. André Gorjão Costa from CTT
Correios Portugal
>
Mr. Achim Lebeau from Deutsche
Postbank in Germany
>
Mr. Wolfgang Hanzl from BAWAG
P.S.K. in Austria
Mr. Wolfgang
Hanzl from
BAWAG P.S.K.
in Austria
Mr. André Gorjão
Costa from CTT
Correios Portugal
Mr. Achim Lebeau
from Deutsche
Postbank
in Germany
International presence – Banque
Centrale Populaire expands its
horizon
By acquiring 50% of Atlantic Financial Group (AFG) shares located in
seven West African countries, Groupe Banque Populaire (GBP) has
a clear African ambition. This aim allows the Group to strengthen its
international presence and expertise in retail banking
As a mutual banking group, leader in
Morocco in terms of deposits and network,
GBP aims today to strengthen its interna-
tional presence.
Present in Europe, North America and
Asia through the Chaabi Bank Network
and representative offices, the Group has
been operating in Africa through subsidiar-
ies in Guinea, Central African Republic and
Mauritania.
Since June 2012, its African presence was
significantly strengthened following the
takeover of Banque Atlantique Group, which
ensures a simultaneous presence in seven
countries of the Economic and Monetary
Union of West Africa region (WAEMU):
Côte d’Ivoire, Senegal, Mali, Burkina Faso,
Benin, Niger and Togo.
This market represents more than 80 million
potential customers and offers substantial
opportunities for financial inclusion, taking
into consideration that the average bank
use rate is below 10% in this region.
It is worth noting that the main purpose
of GBP, in the international level, is to be
close to the 4 million Moroccans living
in the major host countries, namely Spain,
France, Italy, Belgium, Netherlands,
Germany, Great Britain, Denmark,
Switzerland, Canada, United Arab
Emirates or Saudi Arabia.
Thus, the partnership between Eurogiro
and BCP will allow Banque Atlantique
Group to benefit from the Group’s proven
expertise in remittance flows, access
a first-hand international partners
network, and have a vast technological
infrastructure.
3
Banque Centrale Populaire, a leading
bank in Morocco
>
Holds the biggest customers’ portfolio
in Morocco
>
Has the largest market share in
remittances service
>
Member of Eurogiro network since
2006
>
Recently implemented Eurogiro
Cash International
®
>
Has 1156 well-connected branches
with STP process
Headquarter of Banque Centrale Populaire
