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

BMCE rebrands to Bank of Africa

April 3, 2019

BMCE Bank of Africa, the third largest bank in Morocco, said it will be called Bank of Africa as of next September, an appellation that ... Read More

Morocco Building Africa’s Tallest Skyscraper

November 2, 2018

King Mohammed VI has launched the construction work of a 55 floor-tower, which will host luxury apartments and hotels with a total designed floor space ... Read More

Bahrain Tamweel Wa Inma Bank to Open 37 Branches in Morocco

December 30, 2017

Bahrain’s Islamic Bank, Al Tamweel wa Inma (BTI) Bank, which opened lately its headquarters in Casablanca, looks forward to setting 37 branches by 2022 in ... Read More

BMCE Bank of Africa Wins ‘Bank of the Year’ Award

December 2, 2017

The Banker magazine awarded for the eighth consecutive time the “Bank of the Year Morocco" award to the BMCE Bank of Africa. The Banker's eighteenth ... Read More

Morocco, China Teem up to Build $10 bln Industrial Hub Near Tangiers

March 21, 2017

Set to diversify its global economic partners, Morocco partnered with China to build the Mohammed VI Tangiers Tech city as part of efforts to boost ... Read More

Casablanca, Second African City with Most Billionaires

February 17, 2017

Morocco’s economic capital, Casablanca, has been ranked second African city to house the largest number of billionaires by Forbes Africa Magazine in its 2017 ranking ... Read More

Bahrain’s Al Baraka to Set up 25 Agencies in Morocco

January 10, 2017

Bahrain’s Al Baraka group forged a partnership with Morocco’s BMCE Bank of Africa to create AL Baraka Maroc which aims at creating a network of ... Read More

Morocco Approves Islamic Banking

January 3, 2017

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 ... 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