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    BANKING

    January 28, 2020

    Banking Sector Committed to Success of Special, Renovated and Harmonized Support and Financing System for Young Project Holders and SMEs, Benjelloun

    Rabat - President of the Professional Grouping of Banks in Morocco (GPBM) Othman Benjelloun underlined, Monday in Rabat, the commitment of the banking sector to remain 'mobilized' for the success and sustainability of a special, renovated and harmonized support and funding system"...

    January 28, 2020

    Govt. Adopted with Bank Al-Maghrib and Banking Sector Integrated Program To Support and Finance Enterprises, Economy Minister

    Rabat - Minister of Economy, Finance and Administration Reform Mohammed Benchaaboun said, on Monday in Rabat, in a speech before HM King Mohammed VI, that pursuant to the Royal Instructions concerning the facilitation of access to finance for businesses, the government, Bank Al-Maghrib"...

    January 23, 2020

    ReKrute Crowns BMCE Bank as Most Attractive Company in Morocco

    Rabat – ReKrute, an e-recruitment website, named BMCE Bank of Africa (BOA) the most attractive employer in Morocco in 2019.

    The brand experts released the ranking on their website on Tuesday, January 21.

    "...

    January 19, 2020

    World Bank to Loan Casablanca $100 million to Extend Tramway

    Rabat – The Casablanca-Settat region is set to sign a $100 million loan agreement with the International Finance Corporation (IFC), a subsidiary of the World Bank, to finance the construction of lines 3 and 4 of the Casablanca tramway system.

    The"...

    January 15, 2020

    Morocco’s central bank invited to join the Bank for International Settlements -

    The Bank for International Settlements, an international financial institution owned by central banks, has invited Morocco’s central bank to join the institution, Bloomberg wrote on Tuesday.

    The Switzerland-based"...

    January 15, 2020

    Morocco’s Central Bank Joins the Bank for International Settlements

    Rabat – The administration council of the Bank for International Settlements (BIS), known as the central bank of central banks, has invited Morocco’s central bank, Bank Al-Maghrib, to join its network.

    Bank"...

    January 15, 2020

    Bank of America Reports Fourth-Quarter 2019 Financial Results

    Bank of America reported its fourth-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

    This press release features multimedia."...

    January 7, 2020

    Turkey’s Smartest Mobile Assistant from VakıfBank Uses Sestek’s AI-powered Technology

    VakıfBank, Turkey's fourth-largest bank, introduced a new banking assistant, “ViBi” to its mobile banking app, which currently has 4.2 million users. The assistant, developed in partnership with Sestek, a leading AI and speech technologies company. The “mobile banking"...

    January 6, 2020

    Afreximbank Tops Bloomberg 2019 Book Running League Table

    The African Export-Import Bank (Afreximbank) has emerged on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa.

    The 2019 Africa Capital Markets League Tables released"...

    December 29, 2019

    Restoring Sanity to Bank Charges

    The decision by the Central Bank of Nigeria (CBN) to cut down electronic payment charges by banks is crucial for its financial inclusion strategy as espoused in its five-year policy thrust and it is also a reassurance on its stance to protect consumers, writes James Emejo

    Perhaps"...

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