Keywords: BANQUE


Two Moroccan Banks Featured in Forbes Global 2000 List for 2025

Two prominent Moroccan banks, Attijariwafa Bank and Banque Centrale Populaire (BCP), have secured spots in the esteemed Forbes Global 2000 ranking of the world’s largest publicly traded companies for 2025. Attijariwafa Bank, under the leadership of CEO Mohamed El Kettani, ranks 979th globally,......

German Federal Court clarifies refund claims on current account fees

Banks and savings institutions in Germany can no longer assume their customers’ consent to fee increases simply because customers do not object within a set period. This principle was firmly established by the Federal Court of Justice (BGH) in a landmark ruling that invalidated so-called "consent......

Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......

King Mohammed VI congratulates new AfDB president Sidi Ould Tah

King Mohammed VI extended his congratulations to Sidi Ould Tah on his election as President of the African Development Bank (AfDB) Group. In his congratulatory message, the King warmly praised Sidi Ould Tah and wished him success in his important role. The King highlighted that his election reflects......

Morocco's floating dirham: safeguarding remittances and economic stability

Morocco is poised to transition to a floating exchange rate regime in 2026, a move that underscores the critical role of its diaspora in maintaining economic stability. With over five million Moroccans living abroad, remittances have become a cornerstone of the national economy, reaching MAD 117.7 billion......

Sidi Ould Tah elected president of African Development Bank

The Mauritanian economist Sidi Ould Tah has been elected president of the African Development Bank (AfDB) with 76.18% of the votes. The election took place on Thursday during the institution’s annual meetings in Abidjan. Ould Tah prevailed after three rounds of voting, defeating Zambian Samuel......

Israel announces 22 new settlements in the West Bank

Israeli Finance Minister Bezalel Smotrich announced on Thursday the establishment of 22 new Jewish settlements in the occupied West Bank a move he described as "historic." However, this decision is likely to deepen existing tensions between Israel and parts of the international community. Smotrich,......

OCP and SACE forge €365 million green financing partnership

OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......

EIB invests €70 million to enhance Morocco’s drinking water infrastructure

The European Investment Bank (EIB) has signed a €70 million financing contract with Morocco’s National Office of Electricity and Drinking Water (ONEE). This significant investment aims to bolster drinking water infrastructure across the nation, particularly benefiting small and medium-sized......