Keywords: Banking sector
CIH Bank is preparing a major capital increase of 1.5 billion dirhams as the Moroccan lender seeks to strengthen its financial capacity and support an expansion strategy extending to 2030. The operation comes as the bank continues to broaden its customer base, accelerate digital adoption and diversify......
Morocco’s banking industry is maintaining its growth momentum despite persistent pressure on household purchasing power and a less favorable economic environment. First-half 2026 results from major listed banks point to continued expansion in deposits, lending and, in several cases, profitability,......
China closed more than 670 banking entities in 2025, the highest number recorded in a single year, as regulators accelerated efforts to consolidate smaller lenders and strengthen oversight of the financial sector. The closures, almost all involving rural institutions, contributed to a broader reduction......
Attijariwafa Bank is set to strengthen its position in Ghana’s banking market after reaching an agreement to acquire a controlling interest in Société Générale Ghana, as part of a transaction that will also involve the country’s Social Security and National Insurance......
Morocco’s money market remained broadly stable in late September after Bank Al-Maghrib kept its key interest rate unchanged at 2.25%, extending the current period of monetary stability. The central bank’s decision was in line with market expectations and came as policymakers continued to......
London’s position as a leading global financial centre is facing renewed scrutiny as international banks warn that higher taxes and rising operating costs could influence future investment decisions in the United Kingdom. The concerns come ahead of the British government’s next budget, with......
Türkiye has revoked the operating licence of Bank Mellat’s Istanbul branch, in a decision announced by the country’s Banking Regulation and Supervision Agency (BDDK) and published in the Official Gazette on September 19. The decision, adopted by the BDDK board on September 18, concerns......
At CIH Bank, Houda Chafil's promotion is not just a title change. One year after joining the institution as Deputy General Manager, she has been appointed as Deputy General Director in charge of the Corporate & Real Estate Banking. This marks a new step in a career built over more than twenty-five years......
The International Finance Corporation (IFC) is preparing to enter Morocco’s distressed debt market through a joint investment platform with Germany’s EOS Group, in a project that could mobilize up to €60 million. The initiative, known as “DARP NPL EOS Morocco,” would establish......
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