Bank of Africa - BMCE Group (BOA) is a prominent pan-African multinational banking conglomerate headquartered in Casablanca, Morocco. Originally Banque Marocaine du Commerce Extérieur (BMCE Bank), it rebranded to Bank of Africa in 2020 to reflect its continental ambition. The group offers a wide range of financial services including retail banking, corporate banking, investment banking, asset management, and insurance. It has a significant presence in over 20 African countries, as well as representative offices and branches in Europe and Asia, positioning itself as a key financial player supporting economic development across Africa.
The headquarters serves as the central hub for the group's strategic decision-making, corporate governance, financial oversight, and coordination of its extensive network of subsidiaries across Africa and internationally.
The headquarters building is a significant modern architectural structure in Casablanca, reflecting the bank's status. It's equipped with advanced technology to support its vast operations.
The work culture at BOA's headquarters is typically professional, dynamic, and results-driven, with a strong emphasis on pan-African collaboration, innovation in financial services, and customer-centricity.
The Casablanca headquarters is symbolic of the bank's Moroccan roots and its strategic position as a bridge for financial flows and investments into and across the African continent.
Bank of Africa - BMCE Group supports a wide array of functions globally, with a primary focus on the African continent. These include retail banking for individuals, corporate banking for businesses of all sizes, investment banking and capital markets activities, specialized financial services like leasing and factoring, insurance products through its Saham Assurance subsidiary (though this has seen divestment, historical link is important), and international trade finance. Its network spans over 20 African countries, with key operations in West, Central, East, and North Africa, complemented by representative offices and banking operations in Europe (e.g., France, Spain, UK) and a presence in Asia, facilitating global trade and investment flows into Africa.
140 Avenue Hassan II
Casablanca
Morocco
Address: Bank of Africa - Europe, 39 Av. Pierre 1er de Serbie, 75008 Paris, France
Facilitates financial flows and business development between Europe and the African countries where BOA operates.
Address: Bank of Africa Côte d'Ivoire, Angle Avenue Terrasson de Fougères et Rue Gourgas, Plateau, Abidjan
Key operational center for West Africa, driving financial inclusion and supporting local economies.
Address: Bank of Africa Kenya Ltd, BOA House, Karuna Close, Off Waiyaki Way, Westlands, Nairobi
Supports trade and investment in the East African Community (EAC) and strengthens the bank's pan-African network.
Address: Bank of Africa Senegal, Place de l'Indépendance, Dakar
Strengthens BOA's footprint in Francophone West Africa, offering diverse financial solutions.
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As of April 2025, Bank Of Africa' leadership includes:
Bank Of Africa has been backed by several prominent investors over the years, including:
While major C-suite leadership at Bank of Africa - BMCE Group has been relatively stable, ongoing strategic appointments may occur within subsidiaries or key group functions. Specific high-profile C-suite changes across the entire group are not frequently publicized unless they are very significant.
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Bank of Africa - BMCE Group likely utilizes standardized corporate email formats. Common patterns include [first_initial][last]@[domain] or [first].[last]@[domain]. The primary domain is bankofafrica.ma for Moroccan operations, and other country-specific domains may exist for subsidiaries (e.g., bankofafrica.co.ke for Kenya).
f[last]@bankofafrica.ma or [first].[last]@bankofafrica.ma
Format
obenjelloun@bankofafrica.ma
Example
70%
Success rate
Morocco World News • March 7, 2024
Bank of Africa (BOA) Group has reported strong financial performance for the year 2023, with its net profit attributable to shareholders (RNPG) reaching MAD 2.3 billion ($228 million), a 13.6% increase compared to 2022. The group’s net banking income (NBI) also saw a significant rise of 11.3%, amounting to MAD 16.6 billion ($1.65 billion)....more
Bank of Africa Press Release / Financial Disclosures • October 26, 2023
Bank of Africa - BMCE Group reported continued growth in its financial indicators for the third quarter of 2023, reflecting resilience in its diverse markets. Net Banking Income and customer deposits showed positive trends, supported by its pan-African expansion strategy and digitalization efforts....more
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