| Home > Banks > Banks In Africa > Banks In Morocco
|
| |
Banks In Morocco |
|
|
The Kingdom of Morocco is a country in North Africa. It has a long coastline on the Atlantic Ocean that reaches past the Strait of Gibraltar into the Mediterranean Sea. It borders Algeria to the east, the Mediterranean Sea and Spain to the north and the Atlantic Ocean to its west. The border to the south is disputed. Morocco claims ownership of Western Sahara and has administered most of the territory since 1975.Morocco has signed Free Trade Agreements with the European Union (to take effect 2010) and the United States of America. The United States Senate approved by a vote of 85 to 13 on July 22, 2004 the US-Morocco Free Trade Agreement, which will allow for 98% of the two-way trade of consumer and industrial products to be without tariffs. The agreement entered into force in January 2006.Morocco`s largest industry is the mining of phosphates. Its second largest source of income is from nationals living abroad who transfer money to relatives living in Morocco. The country`s third largest source of revenue is tourism. |
|
| Attijariwafa Bank |
Established in September 2004 Attijariwafa bank is the product of merger between Wafabank and Banque Commerciale du Maroc. It is the leading financial group in Morocco in terms of total assets; Attijariwafa bank offers a wide range of banking and financial services to serve its customer base that extends to more than one million of clients as of 2005. In 2005, Attijariwafa bank accounted for 26.56% and 22.71% of total deposits and loans respectively in Morocco.
|
| |
| BMCE Bank |
| BMCE Capital, the investment banking subsidiary of BMCE Bank, the second largest private bank in Morocco, yesterday unveiled a unique opportunity for leading UAE based institutions and individual investors to partner with leading Moroccan entities as a first step into successful investments in Morocco and the rest of the Maghreb region. |
| |
| Groupe Banque Populaire |
| This ambitious project is designed to constitute a significant player in the finance and investment banking and banking services sector, whilst safeguarding each of the partners’ own retail banking models. |
| |
| CIH |
| Within the framework of the development of the Caisse d'epargne savings bank group in the Mediterranean area, the Caisse depargne Provence-Alpes-Corse (Cepac) has signed a partnership convention with the Moroccan CIH (Crédit immobilier et hotelier (hotel and home loan), of which the Caisse d'epargne group is a shareholder). |
| |
| Arab Bank Maroc |
As the name implies, Arab Bank was established with a vision of being a bank for the Arab world. By the end of 2006, the Arab Bank was the Middle East's seventh largest commercial bank with JOD18.44 billion (USD26.05 billion) in total assets.
|
| |
| Crédit Du Maroc |
Crédit du Maroc is a large institution endowed with a nationwide network of branches. Abroad, the bank is represented by a full branch in France in the city of Paris, and two representative offices in the Netherlands, in the cities of Amsterdam, Ultrecht and one in Itlay in the city of Milan.
|
| |
| BMCI |
| BMCI - Banque Marocaine Comm e Ind. The Company's principal activity is operating as a bank. The Company offers savings, credit facilities and general banking services to private individuals and small and medium-sized firms in the commercial and service industry sectors. The Company owns 5 subsidiaries which are all located in Morocco. |
| |
| SGMB |
| Moroccan bank SGMB has recently struck a deal in Accra to take over Ghanaian SSB Bank Ltd, announced a release of SGMB circulated in Rabat on Thursday. |
| |
| Banque Commerciale Du Maroc |
Banque Commerciale du Maroc (BCM) is a large commercial bank with approximately 180 branches. BCM’s shareholders include ONA, Banco Central Hispano (Spain) and a number of local insurance companies. Banque Commerciale du Maroc is a defunct private bank in Morocco. A fusion with Wafa Bank gave birth to Attijariwafa Bank.
|
| |
| BMAO |
| |
| |
| Wafa Bank |
| Wafabank(WAFABANK). The Bank`s principal activity is to provide banking and financial services to private and corporate customers. The bank was the first to introduce credit cards to Morocco. The Bank has branches in France, Spain, Belgium, Germany, the Netherlands, Italy, Saudi Arabia and the United Arab Emirates. |
| |
| |
| |
| |
| |
| |
| |
