Circulars related to the payment institution status have been published recently by Al-Maghrib Bank and specifies the details of implementation of the “banking law” dated 5 March 2015 in Morocco.
Month: December 2016
SAB Med, the Lebanese entity of SAB Group, has just committed to invest in an ecological approach to support the planting of cedar trees in Lebanon, and that up to 185 trees in 2017. Why 185? To enable each employee of SAB Med and SAB International, as well as the management of SAB Group and the Sustainable Development Committee, to individually possess his/her cedar and to feel fully invested in this action. Each planted cedar will be named after a SAB employee’s name and a certificate will be given to each employee to formalize the action.
At the end of March 2016, the Banque Extérieure d’Algérie-BEA confirmed its choice regarding the SAB AT software package for its information system. Today 5 December 2016, the BEA concretizes its decision by signing the contract.