Keywords: Banking
Deutsche Bank revealed blockbuster financial results for 2025 on Thursday, posting a net profit of 7.1 billion euros for the full year, nearly double the 2.7 billion euros from 2024. This marks the German lender's highest annual earnings since 2007 and its sixth straight year in the black. The fourth......
According to recent rankings published by Forbes Middle East, the families of Moroccan business leaders Othman Benjelloun and Aziz Akhannouch are among the seven families in the MENA region whose wealth recorded the strongest growth in 2025. Over a period of less than one year, marked by economic......
Morocco’s banking sector experienced a further tightening of liquidity conditions at the end of 2025, with liquidity needs rising to an average of 135.7 billion dirhams in December, according to data released by Bank Al-Maghrib. This represents an increase compared to the previous month, reflecting......
Philip Lane, the European Central Bank's chief economist, stated on Friday that the euro is well-positioned to capture a larger share of investor portfolios amid growing doubts about the dollar's effectiveness as a global safe-haven asset. Speaking at the Danish Economic Society conference in......
Türkiye’s banking sector recorded net profits of 842.84 billion Turkish liras ($19.92 billion) in November, marking a 17.3% increase compared to the same month last year, according to the Banking Regulation and Supervision Agency (BDDK). The sector’s total assets reached 44.97......
Morocco’s Banque Centrale Populaire (BCP) has completed the acquisition of the remaining shares of Atlantic Business International (ABI), becoming the sole owner of the west African financial group, according to an official statement released on Wednesday. BCP finalized the purchase of a 20.17......
Morocco’s Holmarcom Group announced on Friday that it has entered exclusive negotiations with BNP Paribas regarding the potential acquisition of the French bank’s 67% stake in BMCI, its Moroccan subsidiary. Holmarcom has been a shareholder in BMCI for three decades and now appears poised......
Moroccan households often face a difficult dilemma when moving to a new home: selling their current property at the right price and time while securing their next purchase. In reality, selling within the desired timeframe is a major challenge, with long negotiations, canceled visits, and buyers who fail......
European fintech startup Zazu has raised $1 million in pre-seed funding to accelerate its expansion into Morocco and South Africa, with plans for a broader Africa-wide rollout starting in 2026. The company, founded in 2024 by former Solarisbank executives Rinse Jacobs and Germain Bahri, offers an all-in-one......
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