Due to Morocco's nationalization of the branches of foreign banks, Banca Commerciale Italiana France (Comitfrance) was forced to transfer its own two branches (in Casablanca and Rabat) to Banque Marocaine du Commerce Extérieur, which had been founded in 1959.
In return, the Moroccan bank made Comitfrance a 16.66% stakeholder, a stake that was immediately transferred to Banca Commerciale Italiana so that it could operate in the country, supporting Italian parties interested in maintaining and further developing their relations and business affairs in Morocco.

ASI-BCI, VCA; October 30, 1963; vol. 42, pp. 256-258
ASI-BCI, VCA; Decemeber 20, 1965; vol. 46, pp. 81-82
ASI-BCI, VCA; April 8, 1968; vol. 48, p. 165
ASI-BCI, VCA; March 29, 1983; vol. 59, pp. 245-246
ASI-BCI, SE, Financial Statements
ASI-BCI, SE, Banque Marocaine du Commerce Extérieur