Keywords: Banking
The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......
SoFi Technologies delivered exceptional third-quarter 2025 results, posting a record adjusted net revenue of $950 million, far exceeding analysts’ expectations. The fintech company also raised its full-year guidance for the second time this year, reflecting strong momentum in digital banking as......
The International Centre for Strategic Alliances (ICSA) has announced the 22nd edition of the Connected Banking Summit – Innovation & Excellence Awards 2025, set to take place in Riyadh on November 4. Themed “Empowering the Future of Banking in the Kingdom: Innovation, Transformation,......
British digital bank Revolut has expressed interest in entering the Moroccan market, a move confirmed by Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Tuesday. The announcement followed BAM’s third quarterly board meeting of 2025 in Rabat. Jouahri revealed that Revolut executives met with......
If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......
Attijariwafa Bank Group has appointed Rachid Kettani as its new Deputy Chief Executive Officer, entrusting him with the leadership of the retail banking division. Kettani takes over from Hassan Bertal, marking a new chapter in the bank's strategic direction. A seasoned professional with over two......
Morocco’s banking sector saw a marginal decline in liquidity needs, with demand falling 0.88% in July to an average of MAD 113 billion ($12.53 billion), compared to MAD 114 billion ($12.66 billion) in June. Bank Al Maghrib (BAM), the country’s central bank, intervened with a total of MAD......
Lebanese President Joseph Aoun officially signed three new laws into effect on Thursday, including a crucial piece of legislation aimed at reforming and restructuring the country's struggling banking sector. The laws were originally passed by the Lebanese Parliament on July 31, 2025. The banking......
In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......
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