2024-08-02 20:50:48
This development results from the closure of 189 branches and the opening of 38 new ones, BAM specifies in a document on the national banking establishment for the 2022 financial year.
In detail, the national banking network has, in 2022, 5,715 branches of conventional banks, compared to 5,880 in 2021, 9 of offshore banks and 190 of participatory banks (compared to 176 branches in 2021).
By bank, Attijariwafa Bank shows 52 closures in the past year, Crédit Populaire du Maroc 38 closures, Bank Of Africa (26), BMCI (21) Société Générale Maroc (21), Crédit du Maroc (19), Al Barid Bank (11) and CIH (1).
Furthermore, Crédit Populaire du Maroc has the densest network in Morocco with 1,386 branches, followed by Attijariwafa bank (957), Al Barid Bank (941), Bank Of Africa (680), Crédit Agricole du Maroc (491), Société Générale Maroc (353), CIH (316), BMCI (288) and Crédit du Maroc (264).
In terms of participatory banks, Umnia Bank has the largest network with 50 branches (4 openings in 2022), followed by Bank Assafa with 41 branches and Bank Al Yousr with 25 branches (6 openings in 2022).
In addition, the document highlights that by region, Casablanca-Settat comes first with 1,690 agencies, ahead of Rabat-Salé-Kénitra (880), Fes-Meknes (683) and Tangier Tétouan Al Hoceima (571).
2024-08-02 20:50:48