World Bank Continues to Support Morocco's Financial and Digital Inclusion Reforms
The World Bank approved financing of $450 million for advancing financial and digital inclusion to continue supporting the government in implementing reforms to improve financial inclusion, digital entrepreneurship and more in Morocco.
BCP, SOWIT Partner to Boost Financial Inclusion of Moroccan Farmers
The agreement was concluded as part of the Regional Investments initiative launched by BCP to assist innovative Moroccan solutions.
Mastercard Opens Fintech, Cybersecurity Innovation Lab in Beersheba
The new center will focus on ransomware, digital identity and authentication, platform security, and fraud prevention.
World Bank Approves $450 Million Loan to Help Morocco Improve Access to Financial Services
The financing is part of a program that supports policy measures to enable the rollout of the country’s social protection program, including the creation of digital IDs and cashless payments as part of cash transfer programs.
Banque Populaire Launches Microfinance Program for Moroccan Women
The announcement came on International Women’s Day, a worldwide celebration of womanhood and femininity and a focal point in the global movement for women’s rights.
First International Bank Launches a New Digital Wallet Service: FibiPay
The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.
EIB, Jaida Loans Morocco EUR 10M to Support Microcredit Activity
This is a continuation of the EIB's action carried out for several years in favor of microfinance in Morocco and is part of the bank's response aimed at supporting micro-entrepreneurs, in the context of the COVID-19 crisis.
Remittances From Moroccan Diaspora Reached $7 Billion in November 2020
Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.