Eqdom

EQDOM is a Moroccan consumer finance company specializing in personal and automobile credit solutions.

Eqdom
EQDOM
TypeS.A.
MASI: EQD
IndustryConsumer finance
Founded1974; 52 years ago (1974)
FounderMoroccan State
Headquarters
Casablanca
,
Morocco
Number of locations
127 Boulevard Zerktouni, 20100 Casablanca
Key people
Younes Benboujida (CEO)
ProductsConsumer loans, automobile financing
RevenueMAD 580.75 million (2021)
MAD 32.6 million (2021)
ParentSociété Générale
Websitewww.eqdomnet.ma

EQDOM is a Moroccan consumer finance company specializing in personal and automobile credit solutions.

History

Founded by the Moroccan State through the Société Nationale d'Investissement (SNI) and the Caisse de Dépôt et de Gestion (CDG) in 1974 to provide equipment financing for civil servants, EQDOM was listed on the Casablanca Stock Exchange in 1978.[1] Société Générale acquired majority control in 2002 through its Moroccan subsidiary.[2]

In April 2024, Société Générale announced plans to sell its Moroccan banking assets including EQDOM to Saham Group, marking a new ownership phase.[3]

Activities

In the 2020s, EQDOM diversified its activities by offering services to individual clients and expanding its range of products.[4]

By 2023, it was regarded as a "specialist in consumer credit," although its net banking income had declined.[5]

References

  1. ^ "EQDOM - Profil Société". ebourse.cihbank.ma (in French). CIH Bank. Retrieved 2025-04-26.
  2. ^ "La Société Générale se renforce au Maroc dans le crédit à la consommation". Les Échos (in French). 2002-03-01. Retrieved 2025-04-26.
  3. ^ "Acquisition de SGMB par Saham : nouveau chapitre pour EQDOM". LeSiteinfo.com (in French). 2024-04-12. Retrieved 2025-04-26.
  4. ^ "Eqdom se lance dans l'octroi de crédit en ligne". Le Desk (in French). 2020-08-04. Retrieved 2025-04-26.
  5. ^ "Eqdom : Un bénéfice en quasi-stagnation". La Vie éco (in French). 2024-03-21. Retrieved 2025-04-26.

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