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The Bank Al-Maghrib (Arabic: بنك المغرب, lit. ' Bank of Morocco ') is the central bank of the Kingdom of Morocco. It was founded in 1959 as the successor to the State Bank of Morocco (est. 1907). In 2008 Bank Al-Maghrib held reserves of foreign currency with an estimated worth of US$36 billion.
Al Barid Bank, state-owned; Arab Bank PLC , 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; Banque Marocaine du Commerce Extérieur (BMCE), part of Banque of Africa - BMCE Group
It is now the central headquarters of Bank Al-Maghrib. Aside from Rabat and Casablanca, Cadet and Brion worked jointly in the 1920s and early 1930s on the design of the State Bank's branches in Marrakesh (1922), Mazagan (1925), [24] and Oujda (1926, replacing an earlier three-story, medieval-looking building [35]).
The following is a list of banks in the Arab World.The modern system of Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country.
Avenue Mohammed V, sometimes referred to by its old name Avenue Dar al-Makhzen (lit. ' Royal Palace Avenue ' ), is a major thoroughfare in downtown Rabat , Morocco . Its main section was created under the French Protectorate in Morocco and mostly developed between 1915 and 1932, when it was also known as Cours Lyautey . [ 1 ]
The commemorative note measures 147 × 70 mm and features the portraits of Kings Mohammed VI, Hassan II, and Mohammed V. The back of the notes features the headquarters of Bank Al-Maghrib in Rabat. The speech delivered in 1959 by Mohammed V at the opening of Bank Al-Maghrib is microprinted on the back. [9]
Attijariwafa Bank: Financials Banks Casablanca: 1904 Bank P A ... Rabat: 1960 Real estate P A ... The central bank of Morocco, Bank Al-Maghrib.
The central bank of Morocco (Bank Al Maghrib) In 2007, the financial sector of Morocco maintained an economic environment conducive to further growth of banking activity following a very good year for the sector in 2006. Morocco's banks have been largely unaffected by the credit crisis due to their limited connection to global financial markets.