CIH BANK serves over 1.1 million customers through more than 301 branches across Morocco. In February 2023, CIH BANK acquired BMCI Asset Management, BMCI’s subsidiary specializing in UCITS management, with the deal to be finalized in the first half of 2023. In 2022, it signed a financing agreement with the European Investment Bank for $63.3 million to support SMEs and intermediate-size enterprises whose activities have been impacted by the pandemic. CDG Group holds a 67.9% stake in CIH BANK.