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Keywords: Banking sector
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......
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......
Morocco’s banking sector continues to expand its presence in Africa, with Banque Centrale Populaire (BCP) maintaining sixth place in the continent’s 2026 banking ranking and Bank of Africa advancing to ninth, according to figures published by African Business. The results highlight the scale......
Morocco has strengthened its position in Africa’s banking sector, with four domestic institutions occupying the top four places in Global Finance magazine’s 2026 ranking of the continent’s safest banks. Attijariwafa Bank secured the leading position, while Saham Bank entered the top......
Morocco has strengthened its position in Africa’s banking industry, with three domestic institutions featuring among the continent’s ten largest banks by core capital, according to the 2025 ranking of Africa’s 100 largest banks published by African Business in October 2026. The results......
Glovo Morocco is seeking to deepen its relationship with the country’s banking industry, moving beyond conventional promotional partnerships to position its platform as a potential contributor to banks’ digital customer journeys. The strategy reflects a broader shift in how financial institutions......
CIH Bank is preparing a major capital increase of 1.5 billion dirhams as the Moroccan lender seeks to strengthen its financial capacity and support an expansion strategy extending to 2030. The operation comes as the bank continues to broaden its customer base, accelerate digital adoption and diversify......
Morocco’s banking industry is maintaining its growth momentum despite persistent pressure on household purchasing power and a less favorable economic environment. First-half 2026 results from major listed banks point to continued expansion in deposits, lending and, in several cases, profitability,......