Morocco’s Central Bank Chief Urges Exchange Rate Reform to Boost Economic Resilience
1 July 2025
At the Moroccan Parliament, Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), discusses the importance of reforming the exchange rate regime.
Banks
Casablanca’s 15 Million Dirham Car Rental Deal Sparks Controversy and Raises Eyebrows
26 June 2025
In Casablanca, the controversy surrounding a 15 million dirham car rental market contract with a long-term rental (LTR) company belonging to a major banking group based in the (…)
Morocco Secures Breakthrough Deal with France to Protect Overseas Remittances
25 June 2025
Morocco has found an alternative to reduce the impact of the European directive regulating the presence of foreign banks on the territory of the European Union (EU) on the flow (…)
Forbes: Two Moroccan banks in the global top
16 June 2025
The Forbes Global 2000 places two Moroccan banks in its prestigious annual ranking of the world’s largest publicly traded companies.
Cash Crunch Fears Grip Morocco Ahead of Eid al-Adha Bank Holiday
5 June 2025
A few days before the celebration of Eid al-Adha, many Moroccans fear a shortage of cash in automated teller machines (ATMs).
Moroccan Bank Director’s Embezzlement Trial Delayed as Losses Assessed
4 June 2025
The trial of Daniel Ziouziou, regional director of the Moroccan Union of Banks (UMB) for Tangier-Tetouan-Al Hoceima, involved in a case of embezzlement within the bank, (…)
Moroccan Bank Glitch Causes Panic as Clients’ Accounts Show Zero Balance
3 June 2025
Many clients of Banque Populaire were surprised a few days ago to see their balances at zero on the bank’s mobile application. A technical problem that caused serious concerns (…)
Teen Arrested After Armed Bank Heist in Casablanca Nets $20,000
19 May 2025
In Casablanca, an 18-year-old young man was arrested by a police patrol after robbing a bank branch in the Ben M’sik neighborhood.
Morocco Probes $70 Million in Suspicious Foreign Transfers by Investors
10 May 2025
The Exchange Office is closely scrutinizing documents of certain Moroccan investors in Gulf countries and Africa. These investors have made suspicious financial and bank (…)
Construction Firms Under Investigation for Suspected Money Laundering Scheme
3 May 2025
The National Financial Intelligence Authority (ANRF) has launched an investigation following a bank alert on suspicions of fraud and money laundering by construction companies.