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Moroccan HPS teams Bank of Cyprus

HPS, a multinational leader in the provision of payment solutions and services, announces today that Bank of Cyprus, the largest banking and financial services group in Cyprus, has finalized the migration and replacement of its legacy systems to PowerCARD, the HPS software solution. After successfully migrating its Base24 Switch to …

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Attijariwafa bank launches the first chatbot in Morocco

Attijariwafa bank launches a new online assistance service accessible 24/7, based on artificial intelligence, allowing customers to conduct an interactive dialogue, to obtain answers to their questions quickly, efficiently and on time that suits them. This virtual assistant constitutes real added value for the Customer Relations Center, which was in …

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No dividends this year for banks in Morocco

Bank Al-Maghrib (BAM) has called on credit institutions to suspend all dividend distributions for the 2019 fiscal year until further notice, BAM said in a statement. In the context of the pandemic Covid-19 crisis, credit institutions are called upon to strengthen their role in financing the economy, notes the press …

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EBRD invests in olive oil in Morocco

The European Bank for Reconstruction and Development (EBRD) is contributing to the development of the olive oil sector in Morocco with a loan of 55 million dirhams (5 million euros). The EBRD loan will be allocated to the subsidiaries of Al Dahra Holding Maroc, Al Dahra Morocco Factories (ADFAC) and …

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