Keywords: BANQUE


AfDB approves €150 million credit line to boost local development in Morocco

The African Development Bank (AfDB) has approved a €150 million credit line for Morocco’s Municipal Equipment Fund, aiming to support local development projects across the country. The initiative seeks to enhance infrastructure, climate resilience, and connectivity, with a particular focus......

Morocco strengthens global standing with $1.77 billion World Bank financing

Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration......

AfDB approves €150 million credit for sustainable infrastructure projects in Morocco

The African Development Bank (AfDB) board approved on Wednesday in Abidjan a €150 million credit line to Morocco’s Communal Equipment Fund (FEC) to finance new investment and sustainable infrastructure projects. The initiative aims to promote inclusive development and strengthen local territorial......

Markets edge lower as investors await divided Fed decision and record silver surge

Global stock markets drifted lower on Wednesday as investors waited for the Federal Reserve’s final interest rate decision of the year, while silver prices reached unprecedented highs and the Japanese yen weakened sharply. Global markets restrained before Fed move Equities across Europe and Asia......

Yakeey and Umnia Bank introduce iBuying to transform Morocco’s real estate market

Moroccan households often face a difficult dilemma when moving to a new home: selling their current property at the right price and time while securing their next purchase. In reality, selling within the desired timeframe is a major challenge, with long negotiations, canceled visits, and buyers who fail......

Al Barid Bank reports strong growth in Q3 2025 driven by inclusive and innovative model

Al Barid Bank has posted robust growth during the first nine months of 2025, reflecting the strength of its inclusive and innovative banking model. As of September 30, 2025, customer deposits reached 79.5 billion dirhams, up 6.6% compared to the previous year, with 37.9 billion dirhams in savings deposits,......

Bank Al-Maghrib reports sharp decline in counterfeit banknotes for 2024

Bank Al-Maghrib (BAM) has announced a significant reduction in the rate of counterfeit banknotes in circulation for 2024, marking a major achievement in Morocco’s ongoing efforts to combat counterfeiting. The rate dropped to 1.5 counterfeit notes per million banknotes, a considerable improvement......

Morocco expands tourism project bank to over 900 initiatives across 60 provinces

Morocco’s Ministry of Tourism has announced a significant expansion of its Tourism Project Bank, which now includes over 900 initiatives spanning 60 provinces. Initially launched with 200 projects, the initiative aims to transform Morocco into a global tourism destination by fostering investment......

Oil market faces historic oversupply as prices head lower through 2027

Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented......