Keywords: Banking
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......
British bank Standard Chartered has officially inaugurated a new representative office in Casablanca, Morocco, marking a significant expansion of its operations in the Middle East and North Africa region. This strategic move comes on the heels of receiving a license from Bank Al-Maghrib and the prestigious......
CIH Bank is poised to undertake a substantial financial maneuver, revealing plans to increase its capital by up to MAD 1.5 billion (approximately $161 million). This announcement comes ahead of an extraordinary general meeting scheduled for June 11, where shareholders will deliberate on the proposed......
Morocco’s General Directorate for Information Systems Security (DGSSI) has raised alarms over a sophisticated malware targeting Android smartphones. The malware, identified as “BTMOB RAT,” was first detected in February and is primarily designed to harvest sensitive information, including......
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