Fransabank acquired BLC Bank SAL along with its two subsidiaries, BLC Services SAL and BLC Finance SAL.
Fransabank concurrently purchased 34% of the share capital of Fransabank (France) SA held by Crédit Agricole SA and sold 40% of the share capital of Fransabank (France) SA to Financière Océor, a subsidiary of Groupe Caisse d’Epargne (France) - currently BPCE. At present, Fransabank share in Fransabank (France) SA is 79.21%