The Court of First Instance in Fez sentenced on Thursday to five years in prison and a fine a bank agency employee, who has been in custody for six months for embezzling more than 8 million dirhams from the bank.
Following the directive issued by Bank Al-Maghrib (BAM) on September 25, 2024, which now caps the domestic interchange rate at 0.65%, the Interbank Monetary Center (CMI) has been forced to align itself.
Elements of the National Office for the Fight against Financial and Economic Crime, attached to the National Brigade of the Judicial Police, are investigating the hacking of several million dirhams from Crédit du Maroc accounts.
Bank Al-Maghrib has just put the brakes on the fees generated by card payments. The Moroccan central bank has decided to cap at 0.65% the commission charged on each transaction made with a bank card issued in Morocco.
The approach of the school year and the end of the summer holidays often rhyme with the use of bank loans to enable Moroccan parents to meet the needs of their children. And the banks are in fierce competition.
A famous notary practicing in Kenitra is accused of fraud by the municipality as well as two banking institutions. His trial will open on September 16 before the criminal chamber of the Rabat Court of Appeal, in charge of financial crimes.
Many citizens and tourists on vacation in the city of Martil and its surroundings have expressed their anger at the lack of cash in the automatic teller machines of bank branches.
Bank of Africa (BOA) denies reports of an attempted hacking of its computer system.
"Halal" real estate loans granted to Moroccan households have seen a significant increase, reaching 23.1 billion dirhams at the end of June, compared to 20.3 billion dirhams in the same period last year, according to Bank Al-Maghrib in a recent note.
In its 2023 annual financial stability report, Bank Al-Maghrib (BAM) highlights the strength of banking institutions, the main source of financing for the Moroccan economy.
The National Federation of Associations of Cafes, Restaurants and Tourist Units of Morocco opposes the procedure of seizing bank accounts and commercial assets of professionals, and makes a plea in this direction.
Present in Casablanca since 2013, the French insurance broker SPB (Société de prévoyance bancaire) has just ended its activities.