BANK OF AFRICA has been honored as “Morocco’s Bank of the Year 2024” by The Banker, a prestigious magazine under the Financial Times Group. This recognition marks the tenth time the bank has received this distinction since 2000, cementing its position as a vital player in Morocco’s financial landscape and across the African continent.
The accolade highlights BANK OF AFRICA’s pivotal role in driving economic development within its operating territories. Looking toward 2030 and beyond, the Group aims to strengthen its position as a leading pan-African financial institution. Guided by a responsible and sustainable approach, BANK OF AFRICA is leveraging its robust physical and digital networks to facilitate investment and trade across Africa, while serving the global African community.
This achievement also underscores the bank’s resilience and growth trajectory. In his statement published in The Banker’s December 2024 edition, Othman Benjelloun, Chairman and CEO of BANK OF AFRICA, emphasized the Group’s enduring strength and strategic alignment. “The robust performance of BANK OF AFRICA over the years and its resilience in the face of economic challenges demonstrate the Group’s ability to generate value and strengthen its position in the 32 countries where we operate. By aligning our strategy and operations with stakeholder expectations, the Group integrates key environmental and societal factors into its growth trajectory, reaffirming its commitment to a resilient African economy.”
This award not only celebrates the bank’s financial success but also highlights its dedication to sustainable development and its contribution to building a stronger, interconnected African economy.
