List of banks in Morocco

This is a list of commercial banks in Morocco, as published by the Bank Al-Maghrib in July 2021. ^[1]

List of commercial banks

• Al Barid Bank, state-owned
• Arab Bank PLC  [ fr ], part of Arab Bank Group
• Attijariwafa Bank
• Banco Sabadell, part of Banco Sabadell Group
• Bank Al-Amal, part-owned by BCP Group
• Banque Centrale Populaire, part of BCP Group
• Bank of Africa
• Banque Marocaine pour le Commerce et l'Industrie (BMCI), part of BNP Paribas Group
• Banque Populaire du Centre-Sud, part of BCP Group
• Banque Populaire de Fes-Meknès, part of BCP Group
• Banque Populaire de Laayoune, part of BCP Group
• Banque Populaire de Marrakech - Beni Mellal, part of BCP Group
• Banque Populaire de Nador - Al Hoceima, part of BCP Group
• Banque Populaire d'Oujda, part of BCP Group
• Banque Populaire de Rabat-Kénitra, part of BCP Group
• Banque Populaire de Tanger-Tétouan, part of BCP Group
• CDG Capital, part of the state-owned Caisse de Dépôt et de Gestion (CDG) Group
• Crédit Agricole du Maroc (CAM), state-owned
• CFG Group
• Citibank Morocco  [ fr ], part of Citigroup
• Crédit Immobilier et Hôtelier (CIH Bank), part of CDG Group
• Crédit du Maroc
• Fonds d'Équipement Communal (FEC), state-owned
• Mediafinance, part of BCP Group (later rebranded as BCP Securities Services)
• Saham Bank
• Union Marocaine de Banques (UMB), under temporary administration ^[2]
• Caixa Bank, part of CaixaBank Group

Islamic banks

These banks are referred to in Morocco as "participatory banks". ^[1]

• Al Akhdar Bank (AAB), affiliated with Crédit Agricole du Maroc
• Bank Al Yousr
• Bank Al-Tamweel wa Al-Inma
• Bank As-Safa  [ ar ]
• Umnia Bank

African top banks ranking

Eight Moroccan banks featured in the Top 100 ranking of African banks by Tier 1 capital, published in 2023 by African Business: ^[3]

Bank Name	Rank in Top 100	Location	Owner
Attijariwafa Bank	6	Casablanca	Al Mada (holding) - Morocco
BCP Group	8	Casablanca	Cooperative - Morocco
Bank of Africa	11	Casablanca	Othman Benjelloun - Morocco
Société Générale Morocco	24	Casablanca	Société Générale - France
BMCI	35	Casablanca	BNP Paribas - France
Crédit du Maroc	43	Casablanca	Groupe Holmarcom  [ fr ] - Morocco
CIH Bank	49	Casablanca	Caisse de dépôt et de gestion - Morocco
Fonds d'Équipement Communal	58	Casablanca	State of Morocco

See also

• List of banks in the Arab world
• List of banks in Africa

References

1. Bank Al-Maghrib (15 July 2021). "Liste des établissements de crédit et organismes assimilés arrêtée au 31 décembre 2019" (PDF). Bulletin Officiel.
2. "Union Marocaine des Banques : un provisoire qui dure depuis 40 ans !". La vie éco. 22 December 2022.
3. Hiba El Bouchtaoui (4 October 2023). "8 Moroccan banks make it to Africa's top 100". Hespress English.

Resources

• Currency Exchange Practices at Moroccan Banks