Banque Populaire (Morocco)

Moroccan banking institution
Banque Centrale Populaire
IndustryFinance
Founded25 May 1961
HeadquartersCasablanca, Morocco
ProductsFinancial services
RevenueIncrease DH 20,1 billion (2021) [1]
Net income
Increase DH 2,7 billion (2021) [2]
Total assetsIncrease DH 465 billion (2021) [3]
Websitewww.gbp.ma
The bank's offices in the Old Town of Fes

Banque Centrale Populaire is a major bank in Morocco.

The bank maintains overseas offices in Germany, England, Canada, Spain, France, Gibraltar, Netherlands and Belgium.[4]

As of 2012, the bank's market share of customer deposits in Morocco was 27.9 percent.[5] This translates to customer deposits of 204.9 billion dirhams (1H2013). The number of employees in the bank at the end of 2012 was 11,878.

For 2023, net banking income grew by 10.6 per cent to AED 22.9 billion. Consolidated deposits totalled AED 372 billion and consolidated loans stood at AED 319.4 billion.[6]

In March 2023, BCP entered into a long-term partnership with Mastercard to improve services in terms of digital solutions and payments.[7]

Subsidiaries (Morocco)

Source:[8]

In Berrchid:

in Casablanca:

  • Al Istitmar Chaabi
  • Assalaf Chaabi
  • Chaabi Leasing
  • Chaabi LLD - auto finance
  • Essoukna
  • IFC Al Wassit
  • MAI Tourisme
  • Maroc Assistance Internationale
  • Média Finance
  • Moussahama

in Tangier:

  • Chaabi International Bank Off Shore - including branches in Belgium and France.

Subsidiaries (Africa)

Source:[10]

References

  1. ^ https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf [bare URL PDF]
  2. ^ https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf [bare URL PDF]
  3. ^ https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf [bare URL PDF]
  4. ^ "Banque Populaire". www.bp.co.ma. Archived from the original on 12 March 2007. Retrieved 12 January 2022.
  5. ^ "Chiffres Clés". www.gbp.ma. Retrieved 2017-08-24.
  6. ^ "BSP: PNB en progression de 10,6% en 2023". Boursenews. Archived from the original on 2024-03-29. Retrieved 2024-03-29.
  7. ^ "Mastercard et Banque Centrale Populaire consolident leur partenariat stratégique". Mastercard (in French). Archived from the original on 2024-03-29. Retrieved 2024-03-29.
  8. ^ "Banque Populaire". www.bp.co.ma. Archived from the original on 12 March 2007. Retrieved 12 January 2022.
  9. ^ "Impossible d'afficher la page". Archived from the original on 21 July 2011.
  10. ^ "Banque Populaire". www.bp.co.ma. Archived from the original on 12 March 2007. Retrieved 12 January 2022.
  • Groupe Banque Populaire (in French)
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