Al Barid Bank
Al Barid Bank (lit. 'Postal Bank') is a government-owned bank based in Casablanca, Morocco. It is the country's postal savings system and was licensed as a bank in 2010.
Overview
[edit]Al Barid Bank was formed on 8 June 2010,[1] by reorganization of the banking operations of Poste Maroc, the national post office, whose inception dates from 1926.[2] It remains fully owned by Poste Maroc.
By 2020, Al Barid Bank had over 7 individual customers in Morocco,[1] and by November 2022 2.3 million used its mobile services.[3] Its financial performance has increased rapidly in the early 2020s.[4][5] It has a dense network in the country, with 1900 offices and 920 ATMs as of October 2020.[1]
Since early 2023, Mr Al-Amine Nejjar has been the chief executive (chairman of the management board) of Al Barid Bank.[6]
See also
[edit]References
[edit]- ^ a b c "Al Barid Bank fête ses 10 ans". Infomédiaire. 20 October 2020.
- ^ "À propos d'Al Barid Bank". Al Barid Bank.
- ^ "Mot du Président du Directoire". Al Barid Bank.
- ^ "Al Barid Bank annonce des résultats financiers solides pour 2023". Les Éco.ma. 2 April 2024.
- ^ Majda Benthami (2 October 2024). "Al Barid Bank: forte progression des résultats au premier semestre 2024". Le360.
- ^ Jihane Rahhou (3 January 2023). "Morocco's Barid Bank Appoints Al-Amine Nejjar Chairman of Board of Directors". Morocco World News.
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