Banque Populaire (Morocco) Explained

Banque Centrale Populaire
Foundation:	25 May 1961
Location:	Casablanca, Morocco
Industry:	Finance
Products:	Financial services
Revenue:	DH 20,1 billion (2021) ^[1]
Net Income:	DH 2,7 billion (2021) ^[2]
Assets:	DH 465 billion (2021) ^[3]

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]

Related organizations

Subsidiaries (Morocco)

Source:^[8]

In Berrchid:

• Chaabi Doc Net - online banking^[9]
  • Chaabi Mobile - online banking using mobile phones and/or text messaging

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]

• Banque Populaire Maroco Guinéenne (Guinea)
• Banque Populaire Maroco Centrafricaine (Central African Republic)

External links

• Groupe Banque Populaire

Notes and References

1. https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf
2. https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf
3. https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf
4. Web site: Banque Populaire . www.bp.co.ma . 12 January 2022 . https://web.archive.org/web/20070312085146/http://www.bp.co.ma/Sitelibre/groupe/cadre-reseau.asp?idrub=res . 12 March 2007 . dead.
5. Web site: Chiffres Clés. www.gbp.ma. 2017-08-24.
6. Web site: en. BSP: PNB en progression de 10,6% en 2023. Boursenews. 2024-03-29. 2024-03-29. https://web.archive.org/web/20240329060911/https://boursenews.ma/article/marches/bcp-pnb-en-progression-en-2023.
7. Web site: fr. Mastercard et Banque Centrale Populaire consolident leur partenariat stratégique. Mastercard. 2024-03-29. 2024-03-29. https://web.archive.org/web/20240329061945/https://www.mastercard.com/news/eemea/fr/newsroom/communiques-de-presse/press-releases/fr/2023/march/mastercard-et-banque-centrale-populaire-consolident-leur-partenariat-strategique/.
8. Web site: Banque Populaire . www.bp.co.ma . 12 January 2022 . https://web.archive.org/web/20070312085146/http://www.bp.co.ma/Sitelibre/groupe/cadre-reseau.asp?idrub=res . 12 March 2007 . dead.
9. Web site: Impossible d'afficher la page . https://archive.today/20110721043156/https://bponline.chaabinet.co.ma/identification/index.asp . 21 July 2011 . dead.
10. Web site: Banque Populaire . www.bp.co.ma . 12 January 2022 . https://web.archive.org/web/20070312085146/http://www.bp.co.ma/Sitelibre/groupe/cadre-reseau.asp?idrub=res . 12 March 2007 . dead.