BMCE Capital rating affirmed

BMCE Capital Gestion (BKG) a Morocco-based asset manager’s national investment management quality rating (IMQR) has been kept at Excellent (mar), with a stable outlook, by Fitch Ratings.

The rating agency has affirmed BKG on the discipline of its investment processes within a solid risk-management framework.

BKG is the asset management arm of BMCE Capital, a Morocco-based financial services company.

The asset manager has approximately $6.9 billion (MAD63 billion) in assets under management, as of 2020.

See issuer profile here