The investigating judge at the Rabat Court of Appeal in charge of financial crimes has just ordered the detention of an employee of a bank branch in the Riad district, accused of embezzling 1.2 million dirhams.
The Professional Group of Moroccan Banks (GPBM) has just made a significant gesture to come to the aid of the victims of the recent earthquake that hit the country. This is also the case for Akwa Group.
Decreed in early June for three months, the free interbank instant transfer, an innovation of Bank Al-Maghrib and the Groupement for a Moroccan Interbank Telecompensation System, will soon come to an end. Meanwhile, banks are facing a dilemma.
Moroccan banks are facing a deterioration in the quality of their loans, despite greater selectivity in their lending, warns the American rating agency Fitch Ratings.
Jouad Ballahsan, then director of the Chaabi Bank agency in Madrid, a subsidiary of Banque Populaire, had been fired in 2017 for having participated in a demonstration in support of the Hirak of the Rif. The justice system has just declared this dismissal null and void.
The volume of real estate loans reached 300.8 billion DH, an increase of 1.8% or 5.2 billion compared to the same period last year.
Prosecuted for misappropriation of funds and falsification of digital documents, a police commissioner and the director of a bank agency were sentenced to 8 and 3 years in prison by the Marrakech Court of Appeal.
Very good news for Moroccan bankers who will see, in their next pay slip, a salary increase.
Four officials of a bank branch in Tétouan, involved in a case of embezzlement of more than ten million dirhams, are being prosecuted in detention by the Rabat Court of Appeal. A fifth is being prosecuted on provisional release.
Arrested in Italy and extradited to Morocco, the director of a bank agency in Témara, wanted for embezzling nearly 200 million dirhams from some clients’ accounts in 2018, will appear this Tuesday before the court of first instance in Rabat.
Bank Al-Maghrib, in collaboration with the Groupement pour un Système Interbancaire Marocain de Télécompensation (GSIMT), announced the implementation of instant interbank transfers starting this Thursday, June 1, 2023.
In Tétouan, a bank branch manager accused of embezzlement has been placed in detention on the orders of the investigating judge and on the recommendation of the public prosecutor’s office.