Shareholders in Banque Centrale Populaire (BCP) are expected to approve a 10bn dirham bond programme at a meeting on 24 June.
The bank says it will raise the money over five years, through one or several issuances.
BCP is also waiting for approval to act as a trading and clearing member for financial derivatives, as Morocco prepares to launch its futures market.
At the same time, the bank plans to buy back up to 5% of its shares, with a price range set between 201 and 374 dirhams. It will also set up a liquidity contract covering 1% of its capital to help keep trading in its shares steady.
For 2025, BCP plans to pay a dividend of 11 dirhams per share, for a total of 2.23bn dirhams.
The bond programme would give the bank another way to raise long-term funding and strengthen its capital, in line with rules set by Bank Al-Maghrib.
If approved as a trading and clearing member, BCP would be among the first banks in Morocco able to deal in derivatives, offering clients tools to manage risks linked to interest rates and market changes.
The share buyback and liquidity contract are meant to support the share price and make trading smoother, especially when markets are volatile.
