Home Finance & Business Barid Cash and FNACAM partner to expand financial access across Morocco

Barid Cash and FNACAM partner to expand financial access across Morocco

Barid Cash has announced a strategic partnership with Morocco’s National Federation of Insurance Agents and Brokers (FNACAM), a collaboration that aims to broaden access to essential financial services for Moroccans, particularly in underserved regions. Signed by Barid Cash’s CEO Mohamed Adil Chraibi and FNACAM President Farid Bensaid, this agreement represents a major step in cross-industry cooperation designed to enhance financial inclusion and boost local economic development.

Through this alliance, FNACAM’s network of agents and brokers will be able to offer a range of Barid Cash products and services. The collaboration seeks to establish more service points across the country, including in remote areas, making it easier for citizens to access critical financial solutions close to home.

Commenting on the partnership, Mohamed Adil Chraibi expressed his optimism: “This new collaboration between Barid Cash and FNACAM in Morocco heralds a strong, beneficial alliance with a specialized network of agents. It marks a crucial step in expanding our network to stay close to our customers and make our services even more accessible.”

FNACAM President Farid Bensaid highlighted the importance of this partnership for the insurance industry: “Diversifying the services provided by our distribution network opens promising perspectives for our agents. The variety of Barid Cash products available through our intermediaries will bring convenient, local services to clients and better meet their evolving needs.”

This partnership is grounded in a shared vision for the evolution of financial services in Morocco. Together, Barid Cash and FNACAM aim to contribute to local economic growth by offering secure, straightforward financial solutions that reach customers across the country.

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