About Bank of Africa
Bank of Africa delivers a comprehensive range of banking products and services tailored to diverse client segments, including:
- Retail customers
- Professional banking clients
- Private clients
- Small and midsize enterprises (SMEs)
- Large corporations
Business Segments
The bank operates through four key divisions:
- Banking in Morocco: Core retail and corporate banking services
- Asset Management and Investment Banking: Wealth management, brokerage, and capital markets
- Specialised Financial Services: Leasing, factoring, and consumer credit solutions
- International Activities: Global banking operations
Product & Service Offerings
- Retail and corporate banking solutions
- Investment banking services
- Specialized financial services including leasing and factoring
- Asset and wealth management
- Bank-insurance products
- Vehicle leasing options
- Consumer lending and debt collection
- IT and back-office banking services
- Shipping services
Corporate Background
Founded in 1959 and headquartered in Casablanca, Morocco, the institution was formerly known as Banque Marocaine du Commerce Extérieur before rebranding as Bank of Africa in March 2020.