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BANKING

October 22, 2019

Bank Al-Maghrib, Bank of Mauritius Sign Two Cooperation Agreements

Casablanca - Bank Al-Maghrib (BAM) and the Bank of Mauritius (BoM) concluded, on Friday in Washington, two Cooperation Agreements.

Ratified by Governor of Bank Al-Maghrib Abdellatif Jouahri and Governor of the"...

October 21, 2019

Abdellatif Jouahri Among Top Ten Central Bank Governors for Third Year in Row

Casablanca - Governor of Bank Al-Maghrib Abdellatif Jouahri was named, on Saturday in Washington, one of the top ten central bank governors in the world.

Jouahri got the maximum rating 'A', awarded by"...

October 21, 2019

Morocco’s Abdellatif Jouahri Among World’s Top Ten Central Bank Governors

Rabat – Abdellatif Jouhari, the governor of Bank al-Maghrib is adding a new award to his repertoire for his efficient governance at the Moroccan central bank.

The Global Finance magazine in New York named"...

October 16, 2019

African Development Bank launches Africa Disaster Risk Financing Programme

The African Development Bank, in partnership with the Government of Madagascar and the African Risk Capacity (ARC), has launched the Africa Disaster Risks Financing Programme (ADRiFi) in Madagascar.

ADRiFi is"...

October 16, 2019

KCB maintains stellar performance in Top 1000 World Banks 2019 ranking

KCB Group has been ranked at position 717 in The Banker’s Top 1000 World Banks ranking for 2019, climbing nearly 100 places up, on the back of steady growth and strong balance sheet credentials.

The improvement"...

October 16, 2019

Bank of America Reports Third-Quarter 2019 Financial Results

Bank of America reported its third-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia."...

October 15, 2019

Wema Bank Partners Bank of Africa on Trade Facilitation

Wema Bank Plc has signed a multi-country partnership agreement with the Bank of Africa Group (BOA) as it looks to facilitate bilateral trade services for its customers across Africa.

The partnership agreement"...

October 14, 2019

Coronation Merchant Bank Appoints Adegbohungbe DMD

The Board of Directors of Coronation Merchant Bank Limited has announced the appointment of Banjo Adegbohungbe as the Deputy Managing Director of the bank.

Prior to his elevation, he was the Executive Director"...

October 14, 2019

Morocco’s Banque Centrale Populaire acquires Congo’s BCI bank

Banque Centrale Populaire (BCP), one of Morocco’s biggest banks, announced, Friday, that it acquired a 100% stake in Banque Commerciale Internationale (BCI) in the Republic of Congo from Groupe BPCE, a French banking group, Reuters reports.

The"...

October 9, 2019

WB Loans Morocco 500 Million Dollars to Support Education Sector

Rabat - The World Bank (WB) will allocate 500 million dollars to finance a program to support the education sector in Morocco, which will be officially launched on October 10.

According to data unveiled at a press"...

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