The Compagnie générale du Maroc (General Company of Morocco), known as "Genaroc", is a French financial
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
founded in February 1912 by a consortium of French banks headed by the
Bank of Paris and the Netherlands.
In 1914, it teamed with
:fr:Lyonnaise des Eaux to create the Moroccan Society of Distribution of Water, Gas and Electricity (SMD).
It then took part in the creation of the
:fr:Compagnie des chemins de fer du Maroc (Railway Company of Morocco), and it became one of the two main shareholders of the
:fr:Compagnie franco-espagnole du chemin de fer de Tanger à Fès (Franco-Spanish Company of the Tangier Railway in Fez).
References
* Jacques Boudet, ''Le monde des affaires en France de 1830 à nos jours'', 1952
* Abdelali Benamour, ''Intermédiation financière et développement économique du Maroc'', 1971
* Georges Hatton, ''Les enjeux financiers et économiques du Protectorat marocain (1936-1956): politique publique et investisseurs privés'', 2009
{{DEFAULTSORT:Compagnie generale du Maroc
Holding companies of France
French companies established in 1912