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Keywords: بنك
CIH BANK Unveils Innovative Remote Banking Service for Moroccan Expatriates In a groundbreaking move, CIH BANK has launched CODE 212, a cutting-edge remote banking service designed to cater to the needs of Moroccans living abroad. This innovative service allows users to open and manage bank accounts......
Despite facing a tapestry of challenges, Morocco's economy demonstrated resilience in 2023, achieving a 3.4% growth rate. This was detailed in the Bank Al-Maghrib's annual report, presented to King Mohammed VI on Monday. The report from Morocco’s central bank provided a comprehensive overview......
The occupied West Bank witnessed widespread demonstrations on Wednesday following the untimely death of Ismail Haniyeh, a prominent political figure in Hamas. Haniyeh's life was cut short in Tehran, Iran, where he and a bodyguard perished in a targeted attack on their accommodation. While Hamas has......
As Morocco marks a quarter-century since King Mohammed VI's ascension to the throne, the monarch's profound impact on Africa takes center stage. The North African kingdom has evolved from a peripheral player to a pivotal force in the continent's economic, political, and cultural landscape......
In a significant move that could reshape Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, is expected to implement additional cuts to its policy rates during the latter half of 2024. This forecast, put forth by Fitch Solutions, suggests a continuation of the monetary......
In a recent statement coinciding with Morocco's Throne Day celebrations, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), extolled the nation's remarkable economic and social advancements under King Mohammed VI's stewardship. Georgieva's commendation......
A Year of Challenges and Triumphs In a year marked by significant adversity, Morocco's economy showcased remarkable resilience. Despite navigating inflationary pressures, severe drought, and the aftermath of a devastating earthquake, the North African nation recorded a notable 3.4% growth rate in......
In a significant development for Morocco's financial landscape, Islamic financing, known locally as participative financing, has experienced substantial growth in 2023. According to the latest report from Bank Al-Maghrib (BAM), the central bank of Morocco, the sector reached a total of MAD 21.4 billion......
In a significant move to bolster Morocco's economic stability and environmental resilience, the African Development Bank (AfDB) has approved a substantial financial package of €120 million. This funding, part of the initial phase of the Support Program for Governance and Climate Resilience,......