Banque Marocaine du Commerce Exetrieur

Africa & Middle East

Date joined:23 February, 2000

Company Profile

BMCE Bank of Africa is a multi-business universal banking Group and one of Africa’s leading financial institutions. Its wide range of business activities includes commercial banking, investment banking, bank-insurance, and asset management. BMCE Bank of Africa is Morocco’s most internationally-oriented banking Group. With operations in 31 countries in Africa, Europe, Asia, and North America, the Group employs more than 15 200 employees. Its 1,700 branches serve 6.6 million customers. In 2013, the Bank was the first Moroccan non-sovereign issuer on the international debt securities market.

Sustainability Agenda 

BMCE Bank of Africa is a leading player in environmental matters and corporate social responsibility. The Group, which is ISO 14001-certified, has developed a variety of innovative sustainable finance products in partnership with major international financial institutions. In 2016, BMCE Bank was the first Moroccan company to issue ‘green bonds’ by public offering to finance domestic and international eco-responsible environmental projects. BMCE Bank Foundation’s programme promotes education and community-based development in rural areas in Morocco and sub-Saharan Africa.

UNEP/FI Founding Signatory 

BMCE Bank of Africa became one of the Founding Signatories of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals and the Paris Agreement on Climate Change. By signing the Principles for Responsible Banking, BMCE Bank of Africa joins a coalition of 130 banks worldwide, representing over USD 47 trillion in assets, in committing to taking on a crucial role in helping to achieve a sustainable future. The Principles for Responsible Banking marked the beginning of the most significant partnership to date between the global banking industry and the UN. By signing up to the Principles, the bank commits to using its products, services, and relationships to support and accelerate the fundamental changes in economies and lifestyles necessary to achieve shared prosperity for both current and future generations.

The Principles for Responsible Banking provides BMCE Bank of Africa with an effective framework to systematically identify and seize new business opportunities created by the emerging sustainable development economy, while at the same time enabling the bank to effectively identify and address related risks.

More info on its agenda on Principles for Responsible Banking:

Weblink to Annual and Stakeholder reports:

Link to Annual Report 2016 (PDF)