| CFG Bank | |
| Type: | Société anonyme |
| Industry: | Banking, Finance |
| Founders: | Adil Douiri, Amyn Alami |
| Key People: | Adil Douiri (President) |
| Hq Location City: | Casablanca |
| Hq Location Country: | Morocco |
| Products: | Daily banking (current accounts, check accounts, payment cards), mortgage loans, lombard credit, savings (savings accounts, term deposits, savings insurance), stock market |
| Num Employees: | 400 |
CFG Bank is a Moroccan bank founded in 1992. Initially Morocco's first investment bank, it became a universal bank in 2015, offering services to the general public.[1] [2]
In 1992, upon their return to Morocco, Adil Douiri and Amyn Alami co-founded Morocco's first investment bank, originally named Casablanca Finance Group.
They were supported by Abdelaziz El Alami (chairman of BCM) and Othman Benjelloun (chairman of BMCE Bank).
In 1998, it acquired a license as a bank specializing in market activities.
In 2001, under the brand Dar Tawfir, CFG Group began distributing savings products to individuals and in 2005 launched the first online stock trading site in Morocco, Africa, and the Middle East.
In November 2015, CFG Group became CFG Bank.[3]
In October 2023, CFG Bank aims to be listed on the Casablanca Stock Exchange, which will involve a capital increase with an expected amount of 600 million dirhams, approximately 55 million euros.[4]