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List of Banks in Morocco

Published by Gbaf News

Posted on June 13, 2012

2 min read

· Last updated: November 15, 2018

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Bank Al-Maghrib

Major Banks Operating in Morocco

Crédit Populaire du Maroc

Banque Marocaine du Commerce Extérieur (BMCE Bank)

Société Générale Maroc

Overview of Groupe Banque Populaire

Groupe Banque Populaire

Other Prominent Financial Institutions

CDG Capital
Banque Marocaine pour le Commerce et l’Industrie (BMCI)
Bex-Maroc
Crédit du Maroc
Union Bancaria Hispano Marroqui Uniban
Casablanca Finance Group
Bank Al Amal
BMCE Capital
Crédit Immobilier et Hôtelier (CIH)
Capital Trust
Attijari Finances Corp.
Arab Bank Maroc
Banco Immobiliario y Mercantil de Marruecos
ABN AMRO Maroc
Banque Marocaine pour l’Afrique et l’Orient
Banque Nationale pour le Développement Économique
Attijariwafa Bank (born by the fusion of Banque Commerciale du Maroc and Wafabank)
Citibank
Commerzbank
Al-Barid Bank
Limar Bank Casa Union Marocaine de Banques
Raw-Mat Bank
Societe de Banque & de Crédit
Societe Marocaine de Depôt et de Crédit
Societe Mithaq Al Maghrib
Crédit Agricole
Union Marocaine des Banques

Bank Al-Maghrib

Crédit Populaire du Maroc

Banque Marocaine du Commerce Extérieur (BMCE Bank)

Société Générale Maroc

Groupe Banque Populaire

CDG Capital
Banque Marocaine pour le Commerce et l’Industrie (BMCI)
Bex-Maroc
Crédit du Maroc
Union Bancaria Hispano Marroqui Uniban
Casablanca Finance Group
Bank Al Amal
BMCE Capital
Crédit Immobilier et Hôtelier (CIH)
Capital Trust
Attijari Finances Corp.
Arab Bank Maroc
Banco Immobiliario y Mercantil de Marruecos
ABN AMRO Maroc
Banque Marocaine pour l’Afrique et l’Orient
Banque Nationale pour le Développement Économique
Attijariwafa Bank (born by the fusion of Banque Commerciale du Maroc and Wafabank)
Citibank
Commerzbank
Al-Barid Bank
Limar Bank Casa Union Marocaine de Banques
Raw-Mat Bank
Societe de Banque & de Crédit
Societe Marocaine de Depôt et de Crédit
Societe Mithaq Al Maghrib
Crédit Agricole
Union Marocaine des Banques

Key Takeaways

  • Morocco's banking sector comprises both conventional and Islamic (participatory) banks.
  • Bank Al‑Maghrib is the central bank overseeing regulation and currency issuance.
  • Major players include Attijariwafa Bank, Banque Centrale Populaire, CIH Bank, Crédit du Maroc, BMCI, Al Barid Bank.
  • The sector emphasizes financial inclusion and digital innovation via expansion and strategic modernization.

References

Frequently Asked Questions

Who supervises banks in Morocco?
Bank Al‑Maghrib, the central bank of Morocco, regulates and supervises the country’s banking system.
What types of banks operate in Morocco?
Morocco hosts conventional commercial banks and participatory (Islamic) banks aligned with Sharia principles.
Which are the largest banks in Morocco?
Attijariwafa Bank and Banque Centrale Populaire are among the largest by assets and branch network.
Is there an effort towards financial inclusion in Moroccan banking?
Yes—banks like Al Barid Bank use postal networks to expand access, and digital banking is rapidly growing.

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