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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. In addition to currency management, the Bank Al-Maghrib also supervises a number of private banks supplying commercial banking services.
In August 2013, the Justice Department announced their Swiss bank program, which "provides Swiss banks an opportunity to come forward, cooperate, disclose their illegal conduct, and be eligible for non-prosecution agreements -- or in egregious cases, deferred prosecution agreements." [1]
Palais Zahia building in the medina of Tangier, the State Bank of Morocco's head office from 1907 to 1952 The State Bank's building in Rabat, inaugurated 1925 and the seat of its executive management until succession by Bank Al-Maghrib in 1959 Building at 3, rue Volney in Paris, the State Bank of Morocco's "seat of administration" where board meetings were held from 1907 to 1922
Contact us; Contribute Help; ... as published by the Bank Al-Maghrib in July 2021. [1] List of commercial banks ... Bank Al-Amal, part-owned by BCP ...
In 2009, Commercial Bank of Egypt sold its 8% stake. At the time, the other shareholders were HSBC (49%), Libyan Foreign Bank (26%), Bank Al-Maghrib (8%), and Banque Extérieure d’Algérie (8%). Banque Centrale Populaire eventually bought out Bank Al-Maghrib and thus gained a stake in BACB.
Since 2003, he has been serving as the governor of Bank Al-Maghrib. [8] Jouahri, has consistently been recognized as one of the world's best central bankers. Global Finance Magazine featured him in their esteemed list in 2017, where he secured an A grade for his performance. [9]
the central Rabat office of Poste Maroc, designed by Adrien Laforgue and Albert Laprade, completed in 1918; [6] the head office of Bank Al-Maghrib (until 1959 the State Bank of Morocco), designed by Auguste Cadet and Edmond Brion and completed in 1925; [7] a building used by Maroc Telecom;
Attijariwafa Bank: Financials Banks Casablanca: 1904 Bank P A Banque Commerciale du Maroc: Financials Banks Casablanca: 1911 Bank, defunct 2004 P D Banque Populaire du Maroc (BCP) Financials Banks Casablanca: 1961 Bank P A Bank of Africa: Financials Banks Casablanca: 1959 Bank P A BMCI: Financials Banks Casablanca: 1943 Bank P A Casa Air ...