Bank Al-Maghrib announced the decrease in the total number of bank branches on the territory of the kingdom, from 5,914 in 2022 to 5,811 in 2023.
This decline is due to the closure of 145 branches and the opening of 42 new ones in 2023, explained the central bank in a note. In detail, the Société Générale Marocaine des Banques closed 49 branches. Similarly, Attijariwafa bank closed 33, Bank of Africa 28, the Banque Marocaine pour le Commerce et l’Industrie 20, and the Banque Populaire du (…)
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Moroccan bank branches on the way to disappearing
10 March 2024, by Prince -
Bank Director and Accomplices Jailed for Forging Army Credentials in Moroccan Loan Scam
19 June 2019, by KamalFour individuals, including the Director of a "Barid Bank" agency, were sentenced to prison terms, following the counterfeiting of stamps and signatures of Moroccan army colonels, and the usurpation of their identity, to take out bank loans.
The criminal chamber of the Court of First Instance in Rabat sentenced the four individuals to prison terms ranging from 2 to 3 years, with a flat fine of 5,000 dirhams for each of the defendants.
According to Assabah, the credit institution, "Barid (…) -
Moroccan Bank Manager Sentenced for 300,000 Dirham Embezzlement Scheme
10 March 2021, by KamalThe Court of Appeal of Fès has confirmed the first instance judgment, sentencing the manager of a Barid Bank agency to 12 months in prison. The individual was found guilty of embezzlement.
Sentenced in the first instance to 18 months for breach of trust and fraud, the accused was granted mitigating circumstances. The judge decided to reduce his sentence by 6 months, reported the daily Assabah.
An audit commission had identified numerous irregularities in the bank accounts of the (…) -
Morocco Honors World Cup Semi-Finalists with Commemorative Postage Stamp
25 December 2022, by ArmelA postage stamp dedicated to the historic journey of the Atlas Lions at the 2022 World Cup has just been issued by Barid Al-Maghrib.
Launched under the theme "National Team of Morocco-Dima Maghrib", this stamp will be sold from December 28 in the Barid Al-Maghrib network and on the philatelic portal philatelie.ma, according to a press release.
The objective is to honor the unprecedented feat of the Atlas Lions, who reached the semi-finals, a first in the history of Moroccan, African and (…) -
Morocco’s Postal Service to Integrate Amazigh Language in Services
27 April 2023, by SylvanusThe Barid Al-Maghrib Group intends to integrate the Amazigh language into its services. In this sense, it has signed a partnership agreement with the Royal Institute of Amazigh Culture (IRCAM).
This agreement was signed by Ahmed Boukous, Rector of the Royal Institute of Amazigh Culture and Amin Benjelloun Touimi, Director General of the Barid Al-Maghrib Group, on Tuesday, April 25, 2023, at the IRCAM headquarters in Rabat. It establishes a partnership agreement that sets the content and (…) -
Morocco Streamlines Driver’s License Process with New Bank Partnerships
6 August 2021, by ArmelBarid Cash and Al Barid Bank have mobilized their agencies to facilitate the filing of driver’s license and vehicle registration applications for Moroccans, without having to go to vehicle registration centers. The operation starts first in Casablanca on August 9.
According to the National Road Safety Agency (NARSA), this change is part of the convention signed in June, which covers the management of citizen contact at the Barid Cash and Al Barid Bank agencies, digitization, electronic (…)