A manager at a bank branch in Biougra was arrested last Tuesday by the elements of the royal gendarmerie, for the offenses of blackmail and misappropriation of money through fraudulent means.
New measures for granting housing loans in Morocco soon. Bank Al Maghrib is acquiring a new instrument that allows to avoid bankruptcy in this exposed sector.
Bank loans to private companies recorded a 5.2% increase in the first half of 2020, according to Bank Al-Maghrib (BAM) .
The Directorate of Banking Supervision of Bank Al-Maghrib (BAM) has reviewed the actions taken in 2019, in particular the complaints concerning the closing of accounts. It appears that 596 complaints from customers of credit institutions in 2019 were processed, compared to 800 complaints the previous year.
The number of bank accounts held by individuals increased by 5%, or 28 million, in 2019, compared to 4.7% in 2018. These are data published by Bank Al-Maghrib (BAM) in its annual report on banking supervision for the year 2019.
According to Bank Al-Maghrib (BAM) , the number of bank accounts increased by 5% to over 28 million during the past year, compared to 4.7% in 2018.
The court of first instance of Tifelt upheld a client’s claim by rejecting a bank’s request for payment.
Covid-19 has had a negative impact on Islamic banks. However, measures are being put in place to boost participatory finance.
The police services specialized in financial crimes in Rabat arrested and detained the director of a bank branch (38 years old) in Salé and a businessman (42 years old) for embezzlement.
With the decline in money transfers to Africa during the health crisis of the coronavirus, French deputies want to correct the situation. Amendments are about to be proposed to Parliament to facilitate money transfers.
According to the Banque de France, the use of banknotes does not constitute a risk of Covid-19 contamination.
The director of a bank branch in Essaouira was arrested on Friday by the prefectural judicial police service of Marrakech. He is accused of being allegedly involved in a case of breach of trust.