More than 60 years of
continuous development

1959
From astate-owned bank...
Bank established
1972
Opens its 1st overseas operations, a branch office in Paris
1975
Listed on the Casablanca stock exchange
1995
... To a universal bank...
Bank privatised
2000
Representative offices opened in London and Beijing
2004
1st non-European bank in morocco to be awarded a Corporate Social Responsibility rating
2007
... And now a multinational group
BBI London starts operations
2008
Acquires 35% stake in BANK OF AFRICA
2013
USD 300 Million Eurobond issued on international markets
2015
  • New corporate name adopted, BMCE BANK OF AFRICA Group, thereby bolstering the Group’s African credentials
  • Stakes raised in boa to 75%, in Banque de Développement du Mali to 32.4% and in LCB bank to 34%
  • Launch of the African Entrepreneurship Award
2016
1st bank to issue a ‘Green Bond’ at the Cop 22 Conference
2019
BMCE Shanghai Branch opens
2020
BMCE BANK OF AFRICA becomes BANK OF AFRICA

BANK OF AFRICA -BMCE GROUP

Naissance d'une banque ouverte sur le monde
Sous l’impulsion de Feu Sa Majesté le Roi Mohammed V, la Banque Marocaine du Commerce Extérieur a été fondée en 1959 pour stimuler le commerce extérieur du Maroc.
Banque universelle au service du développement du Maroc
Privatisée en 1995, elle devient filiale du Groupe FinanceCom. Cette étape marque un tournant dans l’histoire de la Banque et lui permet d’élargir son portefeuille d’activités. En s’appuyant sur son expertise de départ de banque de commerce extérieur, BANK OF AFRICA-BMCE Group développe une banque universelle, s’impose comme une référence dans le secteur bancaire national et devient un acteur de premier plan dans le développement économique du Royaume. BANK OF AFRICA-BMCE Group accélère son développement à l’international.
Nouvel élan, ambitions panafricaines et internationales
Compte tenu des fortes potentialités du développement permanent du Continent Africain, BANK OF AFRICA-BMCE Group concrétise ses ambitions de devenir une Banque Panafricaine à caractère international. D’autres acquisitions s’ensuivent et viennent confirmer l’engagement durable dans lequel s’inscrit le Groupe sur le Continent. Confortée par ses réussites à l’international, BANK OF AFRICA-BMCE Group poursuit son expansion en implantant ses activités en Chine et au service de l’Afrique. La Banque change de dénomination pour devenir naturellement “BANK OF AFRICA-BMCE Group”. Le Groupe s’impose alors comme un acteur économique et financier incontournable en Afrique, s’appuyant sur un puissant réseau et une présence dans une vingtaine de pays.
1959 - 1994
1995 - 2006
2007 - 2020
A BANK WITH GLOBAL ASPIRATIONS IS BORN
Banque Marocaine du Commerce Extérieur was founded in 1959 at the instigation of His Majesty the late King Mohammed V. Its purpose was to develop Morocco’s overseas trade.
A UNIVERSAL BANK TO SUPPORT MOROCC O’S DEVELOPMENT
After being privatised in 1995, the Bank became a subsidiary of FinanceCom Group. This milestone proved to be a turning-point in its history as it began to expand its portfolio of business interests. Building on its initial expertise as a specialist international trade bank, BANK OF AFRICA adopted a universal banking business model and rapidly began to play a major role in the Kingdom’s economic development. BANK OF AFRICA accelerated the development of its international business.
FRESH IMPETUS, PAN-AFRICAN AND INTERNATIONAL AMBITIONS
With the African continent showing significant growth potential, BANK OF AFRICA fulfilled its goal of becoming a pan- African bank with an international outlook. Other acquisitions followed, underlining its longstanding ambition of establishing itself as a major player on the continent. Bolstered by its overseas successes, BANK OF AFRICA has continued to expand, establishing operations in China and continuing to serve Africa. The Bank recently changed its corporate name to ‘BANK OF AFRICA’, a natural choice. The Group has emerged as one of Africa’s key economic and financial institutions with a powerful network and operations in 20 countries.
1959 - 1994
1995 - 2006
2007 - 2020

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