Keywords: Banking
Morocco’s central bank, Bank Al Maghrib (BAM), revealed a 2.7% decrease in non-performing loans (NPLs) at Moroccan banks, bringing the total to MAD 97.4 billion ($10.86 billion) in 2024. This marked a slight improvement in the loss rate to 8.4%, down 0.1 percentage points from the previous year,......
Lebanese Prime Minister Nawaf Salam met on Tuesday with Jacques de Lajugie, the international representative of the French Ministry of Economy and Finance, to discuss key financial reforms currently underway in Lebanon. During the meeting, held at the Grand Serail in Beirut, Prime Minister Salam and......
The United States has imposed sanctions on 22 companies based in Hong Kong and Turkey for their alleged roles in facilitating the sale of Iranian oil, according to the US Treasury Department. The measures, announced on Wednesday, aim to disrupt financial networks that support Iran's Islamic Revolutionary......
Morocco and France are advancing toward a landmark agreement to protect Moroccan banks operating within Europe from the stringent effects of the European Union’s Capital Requirements Directive VI (CRD VI). The directive, a key part of the EU’s efforts to tighten financial regulations, limits......
Two prominent Moroccan banks, Attijariwafa Bank and Banque Centrale Populaire (BCP), have secured spots in the esteemed Forbes Global 2000 ranking of the world’s largest publicly traded companies for 2025. Attijariwafa Bank, under the leadership of CEO Mohamed El Kettani, ranks 979th globally,......
Banks and savings institutions in Germany can no longer assume their customers’ consent to fee increases simply because customers do not object within a set period. This principle was firmly established by the Federal Court of Justice (BGH) in a landmark ruling that invalidated so-called "consent......
L’bankalik, the 100% mobile banking brand of Attijariwafa Bank, celebrated the grand finale of the first edition of its amateur esports tournament, L’banka League, on June 4, 2025. Held under the auspices of the Fédération Royale Marocaine des Jeux Électroniques (FRMJE)......
Morocco will celebrate Eid al Adha on June 7. The Moroccan National Motorway Company (ADM) has announced that traffic on the country’s motorways will increase significantly during the holiday period. The busiest hours are expected on Thursday and Friday afternoons and evenings, specifically between......
Morocco’s largest banks are entering a promising phase as they prepare to capitalize on enhanced financial stability, according to a recent report by Fitch Ratings. The agency highlights that improved profitability, robust capital levels, and sound liquidity position the nation's top lenders......
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