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Al Akhdar Bank (AAB), affiliated with Crédit Agricole du Maroc; Bank Al Yousr; Bank Al-Tamweel wa Al-Inma; Bank As-Safa Umnia Bank; African top banks ranking.
A Banque Populaire branch in downtown Casablanca, in the former building of the Bank of British West Africa [7] Branch in the Old Town of Fez. The starting point of BCP Group was a Royal Decree or dahir promulgated by the authorities of the French protectorate in Morocco on 25 May 1926 authorizing the formation of cooperative banks in the territory, inspired by the French legislation of 1917 ...
By the early 2020s, SGMB was the fourth-largest bank in Morocco behind market leader Attijariwafa Bank, the cooperative Banque Populaire Group, and the former BMCE renamed Bank of Africa. [7] On 12 April 2024, Société Générale announced the sale of its 57.7 percent stake in SGMB to Saham Group together with its insurance subsidiary, La ...
Crédit du Maroc (CDM, Arabic: مصرف المغرب) is a Moroccan bank, established in 1929 as the Moroccan subsidiary of Paris-based Crédit Lyonnais and known under its current name since 1966. Overview
CIH Bank was created in 1920 as the Caisse de prêts immobiliers du Maroc (CPIM). [1] After branching into the tourism sector in 1967, it changed its name to Crédit immobilier et hôtelier . [ 1 ] As of 2014, CIH Bank offers a broader service across all sectors of the banking market.
The Banque Marocaine pour le Commerce et l'Industrie (BMCI, lit. ' Moroccan Bank for Commerce and Industry ') is a bank in Morocco, headquartered in Casablanca.It is majority-owned subsidiary of Paris-based BNP Paribas (BNPP), and originates from the Moroccan operations of a predecessor of BNPP, the Banque Nationale pour le Commerce et l'Industrie (BNCI).
The bank's business improved during the rest of the interwar period. [12] In 1943, after Operation Torch had led to Allied control of Morocco, the State Bank transferred gold to a correspondent bank in Lisbon, in what the U.S. authorities viewed as an act of collaboration with Vichy France orchestrated by the Bank of France in Paris. [13]
Decree n° 1.59.233 of 30 June 1959 created the Banque du Maroc, which took over the issuance of money the next day, and replaced the State Bank of Morocco. In October, the Banque du Maroc issued a new currency, the Moroccan dirham. The Banking Act of 21 April 1967 enhanced the role of "Banque du Maroc", particularly in the field of banking ...