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Keywords: African banking


Three Moroccan banks rank among Africa’s top 10 as capital strength grows

Morocco has strengthened its position in Africa’s banking industry, with three domestic institutions featuring among the continent’s ten largest banks by core capital, according to the 2025 ranking of Africa’s 100 largest banks published by African Business in October 2026. The results......

Bank Of Africa named best bank in North Africa at African Banker Awards 2026

Bank Of Africa (BOA) has been named Best Bank in North Africa during the 2026 edition of the African Banker Awards held in Brazzaville. The prestigious awards recognize the leading institutions and personalities that have contributed to the growth and development of Africa’s banking and financial......

Moroccan banks expand across Africa to strengthen regional financial links

Bank of Africa signaled a broader transformation in Morocco’s banking sector when it rebranded from BMCE in 2020. The change reflected more than a new corporate identity. It illustrated the growing ambition of Moroccan financial institutions to position themselves as regional banking groups capable......

Othman Benjelloun: Building trust drop by drop in African banking

Othman Benjelloun stands as a cornerstone of Morocco's business landscape. Born in 1933 in Fez, he rose from humble family roots to lead one of Africa's largest banking groups. His journey reflects patience, ethical leadership, and a focus on long-term relationships over quick gains. Roots in......

Moroccan banks gain ground as European lenders retreat from Africa

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......

Société Générale exits Mauritania as French banks retreat from Africa

Société Générale’s latest divestment in Africa A consortium of investors, including Enko Capital and Oronte, has finalized the acquisition of Société Générale’s Mauritanian retail banking subsidiary. Announced on Monday, this move marks......

Standard Chartered's strategic move: Casablanca emerges as Africa's financial hub

British banking giant Standard Chartered has officially inaugurated its new branch in Casablanca's Casa Anfa business district, marking a significant milestone in its African strategy. The legal registration with the Casablanca Commercial Court, dated April 25, 2025, underscores the bank's commitment......

Standard Chartered considers expansion into Morocco to boost African presence

Standard Chartered Plc is contemplating a strategic expansion into Morocco as part of its growth initiative across key African markets. This move aligns with the London-based bank's broader objective to enhance its wealth management and transaction banking services throughout the continent. Chris......

Credit Agricole Morocco Secures $100M Year-End Bond Issue Amid Strategic Transitions

Credit Agricole of Morocco (CAM) has concluded 2024 with a robust MAD 1 billion ($100 million) subordinated bond issuance, signaling strong market confidence in the institution's financial standing. The December 31 operation was strategically structured into two equal tranches of MAD 500 million......

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