In a landmark agreement, Al Barid Bank and the Mohammed VI Foundation for Science and Health (FM6SS) have entered into a collaboration aimed at fostering innovation and driving mutual interests. This memorandum of understanding, signed at the Foundation’s headquarters, signals a commitment to creating a fertile ground for groundbreaking initiatives that align with the ambitions of both institutions.
The agreement was formalized by Al Amine Nejjar, Chairman of the Management Board of Al Barid Bank, alongside Professor Youns Bjijou and Rachid Mesmoudi, Deputy Director and Secretary General & Executive Director of FM6SS, respectively. The partnership focuses on three key areas:
Al Barid Bank will offer customized daily banking solutions and tailored financing packages to students within the Mohammed VI University of Science and Health (UM6SS), an integral part of the FM6SS ecosystem. These services will be designed to align with students’ academic and professional journeys, ensuring financial stability and growth throughout their education and beyond.
To meet the unique needs of FM6SS employees and affiliates, the bank will roll out competitive and advantageous financial products. These offerings will address both personal aspirations and professional requirements, further cementing Al Barid Bank’s role as a partner in their success.
In a reciprocal move, Al Barid Bank employees will benefit from continuous training programs provided by FM6SS. Additionally, these employees will have access to healthcare services at FM6SS’s current and future hospital facilities, underscoring a mutual commitment to employee well-being and professional development.
Specific agreements will outline the execution of each initiative, with terms and conditions tailored to individual projects and agreed upon by both parties. This flexible approach ensures that the collaboration remains dynamic and responsive to emerging needs.
This partnership not only enhances the ecosystem of the FM6SS and Al Barid Bank but also sets a benchmark for synergistic collaborations in Morocco. By combining expertise and resources, both organizations aim to foster innovation, empower their communities, and build a sustainable future together.