« The Bank was established in 1959 by Royal Decree as ‘Banque Marocaine du Commerce Extérieur’ prior to becoming ‘BMCE Bank of Africa’ in 2015. Over the past 60 years, the Bank has gradually developed into a multi-national multi-business group. This transformation has seen it evolve from an institution specialising in international trade into a universal bank and, more recently, a continental group, leveraging its know-how in the pursuit of innovation, progress and excellence.
With an international outlook and one of the continent’s leading banking networks, the Bank’s longstanding ambition has been to ensure that the 21st century belongs to Africa.
In 2020, the Bank marked a fresh milestone in its history.
BMCE Bank of Africa becoming Bank of Africa was the next logical step in the Bank’s development. The new name reflects the Bank’s vocation, which is to serve Africa and further expand its global outreach.
The new corporate logo is in the shape of a cut diamond, which is a reference to the African continent. Alongside the logo is the name ‘BANK OF AFRICA’ in bold and its belonging to BMCE Group.
Excerpt from the presentation made to the Extraordinary General Meeting of Shareholders 5 March 2020, resulting in the Memorandum and Articles of Association being amended.