Forbes: Two Moroccan banks in the global top

Attijariwafa Bank ranks 979th globally in the 23rd edition of the annual Forbes Global 2000 for 2025. The bank led by Mohamed El Kettani owes its position to its performance: a turnover of $4.84 billion, profits of $956 million, assets valued at $71.7 billion and a market capitalization of $14.44 billion. Founded in 1911 and based in Casablanca, Attijariwafa Bank employs more than 20,583 people. The bank offers international commercial banking services across various business sectors, including domestic, European and offshore banking, specialized financial subsidiaries, international retail banking, and insurance and real estate.

The Banque Centrale Populaire (BCP) is the second Moroccan bank featured in the prestigious ranking. The financial institution led by Naziha Belkeziz ranks 1,812th. This position is motivated by its performance: a turnover of $3.3 billion, a profit of $416 million, assets valued at $53.5 billion and a market capitalization of $5.97 billion. Founded in 1926, the BCP is a commercial bank specializing in banking intermediation and management services. Its headquarters are in Casablanca. The institution employs 2,717 people. It was officially established on February 2, 1961.

Only 17 African companies are featured in the Forbes ranking: 14 groups for South Africa, 2 for Morocco and 1 for Egypt. This low African representation is partly explained by the fact that many large African companies are not publicly traded. The two Moroccan banks are respectively the 6th and 16th African companies in the ranking.

Globally, the United States occupies a dominant position, with 612 companies among the 2,000. And the American company JPMorgan Chase retains the top spot for the third consecutive year. It is followed by Berkshire Hathaway (United States) and ICBC (China). Saudi Aramco (Saudi Arabia) is in fourth place. Then come Amazon (United States), Bank of America (United States), China Construction Bank (China), Agricultural Bank of China (China). Alphabet (United States) and Microsoft (United States) complete the top 10.

Collectively, the 2,000 companies in this year’s ranking represent $52,900 billion in annual revenue, $4,900 billion in profits, $242,200 billion in assets and a combined market capitalization of $91,300 billion.

The annual Forbes Global 2000 ranking lists the world’s 2,000 largest publicly traded companies. The ranking is compiled using a rigorous methodology combining revenue, profits, assets and market capitalization, allowing for a comprehensive assessment of the economic power of the listed entities.