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Moroccan bank to set up insurance brokerage


Agricultural bank Credit Agricole Group of Morocco has received government approval to establish an insurance brokerage, Middle East Insurance Review reported. Credit Agricole has granted funding of 1.4 million ($144,070) Moroccan dirham to CAM Brokerage which will have a capital of MAD 100,000. Insurance broker Gras Savoye Morocco will provide the human and technical resources needed to manage and develop CAM Brokerage.

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