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Tag: Morocco

Payment institutions in Morocco: a starting point to a new FinTech ecosystem!


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.  

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The new banking law in Morocco: an opening rich in opportunities for banks and new financial intermediaries

Bank Al-Maghrib

Law n° 103.12 on credit establishments and assimilated bodies that was first passed in November 2014 and called “Banking law” was published in the Official bulletin N° 6328 (Arab Version) and N° 6340 (French Version) on March 5th, 2015.

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