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Morocco-based CIH Bank has gone live on Finastra’s Fusion Corporate Channels and Fusion Trade Innovation systems. According to Finastra the bank aims to digitise its end-to-end corporate banking services. It claims the new platforms will automate CIH Bank’s trade and...
#bank#platforms#supply chain finance
King Mohammed VI stressed the social role that banks and financial institutions have to play in supporting Morocco’s development efforts…
#bank#financial services#funding
Coface's fourth survey on payment terms in Morocco shows a... (more…)
#payment terms
According to the latest statistics of Bank Al-Maghrib, the declining trend was accentuated in 2017 when the drop in... (more…)
#alternative financing#bank#payment terms
Moroccan electricity and water utility company ONEE plans to raise MAD 1.5 billion (US$160m) via a securitization deal. Moroccan financial…
#interest#interest rate#receivables
The EBRD and Morocco are joining forces to develop local currency lending to small businesses and provide... (more…)
#bank#microfinance#small businesses
Société Générale Marocaine de Banques is present in Africa (more than 15 countries) since more than ... (more…)
#bank#cash management#management
During the Annual General Meeting of the Professional Association of Financial Institution (APSF) Morocco, held on June 15th, Abdallah Benhamida,…
#bank#banks#financial institution
HPD Software has announced that their Aquarius software is powering the first factoring service delivered by Sociйtй Gйnйrale's Moroccan factoring…
#digital#innovation#invoice
New digital service to be run by Sociйtй Gйnйrale Morocco factoring subsidiary (more…)
#digital#invoice#online factoring
FCI Factoring in Africa Promotion Conference to take place in Marrakesh on 7 May (more…)
#banks#conference#international
Moroccan exporters and importers will receive financial support under TRP (more…)
#bank#exporters#guarantees
Banque Populaire Morocco Factoring says it now has 25pc share of the Moroccan factoring market. (more…)
#bank#banks#funding