Best Banks in Morocco

The following are some of the top leading banks in Morocco:

BMCE Bank - In 2009 BMCE Bank was awarded “Best Bank in Morocco” by EMEA Finance and “Best Brand in terms of Services” by OMPIC. Moreover, the Bank came in 2nd place in the sector in terms of card issuance with a market share of 17.4%. In 2009 BMCE Bank expanded its network to 541 branches
and more than 600 ATMs with the installation of 70 new units.

Attijariwafa Bank - It has been awarded the “Best Bank in Morocco 2006 Award” by Global Finance. Attijariwafa bank Group has the leading banking and financial services network in Morocco. The banking network has a total of 793 branches at the end of December 2009, with an extension of 92 branches during the year, including six business centers. As of December 31, 2009, Attijariwafa bank Group's total assets amount to 290.4 billion dirhams.

Arab Bank Morocco - It offers a variety of products and services covering four major areas: Consumer Banking, Corporate and Investment Banking (CIB), AB Private Banking and Treasury. In 2010, Arab Bank Group achieved pre-tax and after provisions profit of US $486.8 million; total assets reached US $51.1 billion, while shareholders' equity equaled to US $8.4 billion.

Bank Al-Maghrib - It was created in 1959 in substitution for the former "Banque d'Etat du Maroc".

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn