Home Finance & Business Damane Cash and Bank Al Karam announce strategic partnership

Damane Cash and Bank Al Karam announce strategic partnership

Damane Cash and Bank Al Karam, a payment institution and participatory bank under the BANK OF AFRICA Group, proudly announce the establishment of a strategic partnership. This collaboration aligns with the Group’s synergy policy, aiming to bring diverse financial products closer to all Moroccans across the Kingdom.

Bringing Banking and Mourabaha Financing Services Closer to Citizens

Through this synergy, Damane Cash and Bank Al Karam intend to make everyday banking services and participatory financing more accessible via an extensive network of 1300 branches throughout the Kingdom, offering clients unprecedented accessibility.

Promoting Financial Inclusion

This initiative underscores Damane Cash and Bank Al Karam’s commitment to financial inclusion. With a network of branches spread across Morocco, Damane Cash and Bank Al Karam ensure easy and quick access to Mourabaha financing for all Moroccans, including those in the most remote areas. By facilitating property ownership, Damane Cash and Bank Al Karam are helping many Moroccans realize their dreams.

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