Tag: BCP

Moroccan banks start to shake off Covid-19 impact

December 17, 2021

Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due ... Read More

Morocco’s BCP mulls stake sale to Asian bank

October 22, 2020

Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its ... Read More

IFC Teams up with Moroccan BCP Group to Enhance Microfinance in Sub-Saharan Africa

October 26, 2018

The International Finance Corporation (IFC) has sealed an agreement with Atlantic Microfinance for Africa (AMIFA), a subsidiary of the Moroccan Banque Centrale Populaire (BCP) Group, ... Read More

Morocco’s BCP Bank Wants to Buy France’s BCPE in Africa

September 27, 2018

Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it ... Read More

Morocco’s BCP Secures Funds to Upgrade Business Financing in West Africa

June 29, 2018

The Central People's Bank of Morocco (BCP) has secured funds from Proparco and the African Development Bank, destined to upgrade its business financing in West ... Read More

BCP Bank, AfDB Join Efforts in $100 mln Deal to Enhance African Trade

May 9, 2018

Morocco’s BCP Bank and the African Development Bank teamed up in a $100 million agreement to boost trade between African countries. The deal (risk participation ... Read More

AfBD Approves $200 million Loan to Boost Morocco’s Industrialization Plan

July 16, 2017

The African Development Bank (AfDB) approved a loan of $200 million to Morocco to boost the country's industrialization plan, local media said. The loan will ... Read More

Morocco 1st Green Bond Gets €135 Mln International Financial Support

June 23, 2017

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, ... Read More

Financial Times Names ‘Attijariwafa Bank’ Best in Morocco

December 30, 2016

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. ... Read More

Morocco: Attijariwafa Bank Crowned African Bank of the Year

May 27, 2016

The Moroccan Attijariwafa Bank Wednesday received international accolades as it was named top 2016 African Bank by peers at a ceremony in Lusaka, Zambia. More ... Read More