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Keywords: Banking
Saham Bank is expanding its presence in Morocco’s wealth management market with the launch of a dedicated private banking and family office service designed for affluent individuals and families seeking tailored financial advice and long-term asset management. The new division, branded Saham Bank,......
RABAT, Morocco — The Moroccan dirham gained ground against both the US dollar and the euro during the week of October 8–14, 2026, according to the latest figures published by Bank Al-Maghrib (BAM), while the country’s official reserve assets remained above MAD 515 billion. The national......
The United States has imposed financial sanctions on Cuba’s International Bank of Commerce (BICSA), accusing the institution of facilitating transactions for an Iranian bank already subject to American restrictions. The move adds another layer to Washington’s efforts to disrupt Iran’s......
CIH BANK is expanding its digital services into the property market through a new partnership with Moroccan real estate platform Yakeey, bringing property listings and online mortgage applications together within its CIH Mobile application. Officially unveiled on October 16, 2026, at a press conference......
CIH Bank and Mastercard have strengthened their focus on premium customer experiences with the sixth edition of the World Elite Cup, a golf event that brought together more than 170 participants in El Jadida, featuring British professional golfer Georgia Hall. Organized exclusively for Mastercard World......
Bank of America has been ordered to pay $1.2 billion in penalties over alleged failures to meet US anti-money laundering and financial compliance requirements, according to the US Treasury Department. The action represents one of the largest penalties imposed by the department and highlights growing......
Morocco’s banking sector remains resilient, profitable and adequately capitalised despite external economic shocks, according to Jason Wu, deputy director of the International Monetary Fund’s Monetary and Capital Markets Department. Speaking in Bangkok on the sidelines of the IMF and World......
JPMorgan Chase reported higher revenue and profits for the third quarter of 2026, although its results fell short of analysts’ expectations as an unexpected decline in fixed-income trading revenue offset growth in other areas of its business. The drop marked the first year-on-year contraction in......
CASABLANCA, Morocco — Simple., the digital banking platform backed by Attijariwafa bank, is expanding its range of services with new features designed to combine everyday banking with travel-related solutions, targeting customers seeking more integrated digital experiences. The latest additions......