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.
Banks
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.
Moroccan Bank Executive Arrested for $160,000 Client Fund Embezzlement in Rabat
23 April 2025
An employee of a bank located on Mohammed V Avenue in Rabat is being prosecuted before the city’s Court of Appeal for embezzling an estimated amount of 1.6 million dirhams.
Moroccan Bank Blocks $80 Million Money Laundering Scheme Linked to Latin America
21 April 2025
A Moroccan bank thwarted a money laundering attempt of 800 million dirhams by refusing to open an account in the name of a company to receive funds from a Latin American (…)
Glovo Morocco Refutes Claims of Bank Data Hack in Delivery App
16 April 2025
Information claiming that a bank data hack was orchestrated via the Glovo app, the Moroccan subsidiary of the delivery platform, turns out to be false.