First Independent Mena Newspaper
Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]
Attijariwafa Bank, la Caisse Centrale de Garantie and le Groupe Crédit Agricole du Maroc have all won 2017 African Banker Awards in various categories. Attijariwafa Bank has been awarded the trophy of “Best Regional Bank in North Africa”, la Caisse Centrale de Garantie has obtained the “Financial Inclusion Award”, while le Groupe Crédit Agricole du […]
Moroccan Attijariwafa Bank, la Caisse Centrale de Garantie and le Groupe Crédit Agricole du Maroc are among the major African banks vying for the 2017 African Banker Awards in various categories. These Awards are hosted by the African Banker Magazine. The winners will be announced during a ceremony to be held during the Annual Meetings […]
Morocco’s Attijariwafa Bank obtained on May 3 the regulatory approval to acquire the Egyptian branch of Barclays which has shifted towards focusing its activity on the US and Britain. Attijariwafa Bank has finally obtained all regulatory requirements to acquire 100% of Barclays Egypt capital after an agreement was signed by the two banks in October […]
A group of Canadian business people and officials are expected in Morocco for a week-long visit (March 11-18) to explore partnership opportunities with Moroccan counterparts, Al Maghreb Chamber of Commerce and Industry (CCIMC) based in Canada says. The strong Canadian delegation, representing various sectors of industrial and economic activity, will also attend the fifth edition […]
King Mohammed VI who is on a work and friendship visit in Côte d’Ivoire visited Thursday two fish landing spots in Locodjro and Grand Lahou and enquired about the progress made in the implementation of these projects, financed by Morocco. The King’s keenness to oversee personally the progress of the two-socio-economic projects translates his unwavering […]
Moroccan Attijariwafa Bank Group has inked two partnership agreements with the Ministry of Defense of Côte d’Ivoire, showing the two countries strong determination to improve the working and living conditions for the members of the Ivorian army. The two deals were signed in Abidjan under the chairmanship of President Alassane Ouattara and King Mohammed VI […]
Morocco’s leading bank group, Attijariwafa bank, has set sails towards Ghana where it seeks to conquer the banking market. In a first step, it signed a partnership agreement with GCB Bank Ltd, the second top bank group of the West African country. After it established its presence in several francophone countries neighoring Ghana, Attijariwafa bank […]
As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]
The Banker Magazine, an offshoot of the Financial Times, awarded Attijariwafa Bank the title of the “Best Moroccan Bank” in 2016 for the 8thconsecutive time. Attijariwafa Bank Group was awarded two other prizes in London during the month of December, granted by prestigious British magazines in recognition for its performance over the past year. EMEA […]