Keywords: Banking sector


Morocco’s banking liquidity needs exceed 135 billion dirhams by end of 2025

Morocco’s banking sector experienced a further tightening of liquidity conditions at the end of 2025, with liquidity needs rising to an average of 135.7 billion dirhams in December, according to data released by Bank Al-Maghrib. This represents an increase compared to the previous month, reflecting......

Turkish banking sector posts $19.9 billion net profits in November

Türkiye’s banking sector recorded net profits of 842.84 billion Turkish liras ($19.92 billion) in November, marking a 17.3% increase compared to the same month last year, according to the Banking Regulation and Supervision Agency (BDDK). The sector’s total assets reached 44.97......

BCP completes acquisition of west African financial group ABI

Morocco’s Banque Centrale Populaire (BCP) has completed the acquisition of the remaining shares of Atlantic Business International (ABI), becoming the sole owner of the west African financial group, according to an official statement released on Wednesday. BCP finalized the purchase of a 20.17......

Holmarcom enters exclusive talks with BNP Paribas to acquire majority stake in BMCI

Morocco’s Holmarcom Group announced on Friday that it has entered exclusive negotiations with BNP Paribas regarding the potential acquisition of the French bank’s 67% stake in BMCI, its Moroccan subsidiary. Holmarcom has been a shareholder in BMCI for three decades and now appears poised......

Digital bank Revolut eyes Morocco amid Bank Al-Maghrib caution

British digital bank Revolut has expressed interest in entering the Moroccan market, a move confirmed by Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Tuesday. The announcement followed BAM’s third quarterly board meeting of 2025 in Rabat. Jouahri revealed that Revolut executives met with......

Moroccan banks report slight drop in liquidity needs as central bank intervenes

Morocco’s banking sector saw a marginal decline in liquidity needs, with demand falling 0.88% in July to an average of MAD 113 billion ($12.53 billion), compared to MAD 114 billion ($12.66 billion) in June. Bank Al Maghrib (BAM), the country’s central bank, intervened with a total of MAD......

Moroccan banks gain ground as European lenders retreat from Africa

In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......

Moroccan banks reduce bad loans, boost coverage despite rising provisions

Morocco’s central bank, Bank Al Maghrib (BAM), revealed a 2.7% decrease in non-performing loans (NPLs) at Moroccan banks, bringing the total to MAD 97.4 billion ($10.86 billion) in 2024. This marked a slight improvement in the loss rate to 8.4%, down 0.1 percentage points from the previous year,......

Salam discusses ongoing financial reforms with French official Jacques de Lajugie

Lebanese Prime Minister Nawaf Salam met on Tuesday with Jacques de Lajugie, the international representative of the French Ministry of Economy and Finance, to discuss key financial reforms currently underway in Lebanon. During the meeting, held at the Grand Serail in Beirut, Prime Minister Salam and......