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Last update: 2020-08-20 00:00:00
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About BMCE Bank of Africa
In 1959 BMCE was founded by the Moroccan government as a public bank. It was the first Moroccan bank to establish a presence outside of Marocco in 1975. The privatisation of BMCE was realized in 1995 after being acquired by the Financecom Group. Since privatisation, BMCE Bank has consolidated its position as an international banking institution, adopting a universal banking model. BMCE Bank has a broad regional coverage in Morocco and has branches throughout Africa, Europe, Asia and North America.
140, Avenue Hassan II
P.O. Box 13425 Casa Casablanca
Othman Benjelloun |
Chairman & CEO
|Annual report||Annual integrated report 2019|
listed on Casablanca Stock Exchange
BMCE Bank of Africa's shareholder structure can be accessed here.
|Complaints and grievances|
Banks and human rights
Human Rights Benchmark Africa 2021
BMCE Bank of Africa's human rights policies, processes and reporting were assessed as part of the Human Rights Benchmark Africa 2021. The bank is assessed as a Laggard, with a total score of 2.5 out of 14.
Due dilligence: 2/5
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-bank-of-africa-bmce-group-2019/
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period.
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
Equator Principles: Action, not words needed
Commitment to responsible procurement
Voluntary initiativesBMCE Bank of Africa has committed itself to the following voluntary standards:
BMCE Bank of Africa's webpage on corporate social responsibility can be viewed here.
Implementation and reporting
BMCE Bank of Africa is reporting on the implementation here.