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BANKING

January 17, 2022

Moroccan Dirham Depreciates Against Euro

Rabat - The Moroccan Dirham (MAD) lost 0.36% of its value against the Euro while remaining stable against the US dollar between January 6 and January 12, according to data from Bank Al-Maghrib (BAM).

Regarding"...

January 14, 2022

The Future of the Point of Sale Is Here: Visa Pioneers Cloud-based Payment Acceptance

Today Visa (NYSE: V) announced a new platform, Visa Acceptance Cloud (VAC), set to revolutionize the way businesses accept payments from their customers. Following the success of the company’s popular “Tap to Phone” solution, VAC will let acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players...

January 14, 2022

Mary Kay Continues Its Commitment to Skin Science

Mary Kay Inc., one of the world’s innovative skincare companies, participated at two renowned European conferences in late 2021. At the 19th Aesthetic & Anti-Aging Medicine World Congress, Mary Kay Inc. submitted a scientific poster on the usage and tolerability of a highly concentrated retinol formula in Asian skin. Mary Kay Inc. also partnered with the...

January 14, 2022

World Bank Reinforces Morocco’s Modern Development Project

Rabat - As Morocco’s GDP expects to grow by 3.2% in 2022, implementing a multifaceted reform agenda is crucial to achieving broad-based growth and job creation in the country, according to the World Bank’s latest report.

Titled"...

January 13, 2022

World Bank Forecasts 3.2% Economic Growth for Morocco in 2022

Rabat - The World Bank’s latest reporting forecasts Morocco’s GDP to grow by 3.2% in 2022.

The World Bank forecast for Morocco’s economy was part of the institution’s Global Economic Prospects"...

January 3, 2022

Attijariwafa Bank Successfully Closes Two Bond Issues

Attijariwafa Bank, Morocco’s leading commercial and financial banking group, has announced to have successfully closed its two bond issues launched on December 21 last year.

Attijariwafa Bank said in a statement"...

December 22, 2021

Morocco’s Central Bank to Maintain Benchmark Interest Rates at 1.5%

Rabat - Bank Al-Maghrib (BAM), Morocco’s Central Bank, announced today its decision to maintain interest base or benchmark interest rates at 1.5%, saying the move is in line with Morocco’s positive post-COVID recovery projections.

The"...

December 21, 2021

Zenith Bank, Int’l Breweries, HIS, Wins SERAs Award

Zenith Bank plc, International Breweries and IHS have emerged as ‘Most Responsible Organisation in Africa’ at The SERAS CSR Awards Africa 2021, with a commutative point of 76, 67 and 62 points respectively.

Zenith"...

December 20, 2021

FirstBank: Unlocking Wealth In Salary Account

Kayode Tokede examines ways monthly salary earners with FirstBank accounts can benefit from the lender’s numerous loans initiatives amid harsh economy

In time past, monthly income earners – especially"...

December 16, 2021

Global Finance 2022: BCP Group Crowned Best Moroccan Bank in Trade Finance

Rabat – Morocco’s Banque Centrale Populaire (BCP) has won the prize of the best Moroccan bank in trade finance at the “2022 World’s Best Trade Finance and Supply Chain Finance Providers” Awards.

Organized"...

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