Two big banks from Morocco, Attijariwafa Bank and Banque Centrale Populaire (BCP), have made it into the Forbes Global 2000 ranking for 2025. The two banks were recognized for their strong financial performance and growing influence in Africa’s banking sector.
Attijariwafa Bank, led by Chief Executive Officer Mohamed El Kettani, secured the 979th spot on the 2025 Forbes Global 2000 list. The bank has demonstrated a strong financial base with revenue of $4.84 billion and profits of $956 million. It has total assets worth $71.7 billion and a market capitalization of $14.44 billion. Established in 1911 and headquartered in Casablanca, Attijariwafa Bank currently has more than 20,583 employees who serve its many clients across Africa and Europe.
Attijariwafa operates through a range of subsidiaries and specialized financial services. It has a strong presence in its home market of Morocco and it also provides services across North Africa and sub-Saharan Africa. The bank’s operations cover domestic banking, specialized financial subsidiaries, international retail banking, and even the property and insurance sectors.
For years, Attijariwafa Bank has supported businesses and consumers through financial products, including loans, payments, deposits, and specialized banking services. The bank plays a key role in developing Africa’s financial infrastructure and strengthening businesses by offering financial solutions tailored to their needs.
Also making a strong show in the Forbes Global 2000 ranking is Banque Centrale Populaire (BCP), which occupies the 1,812th spot. The bank is led by Naziha Belkeziz and has a revenue of $3.3 billion and profits amounting to $416 million. The total assets of BCP are valued at $53.5 billion, while its market capitalization stands at $5.97 billion. Established in 1926 and incorporated in 1961, BCP is headquartered in Casablanca and currently employs 2,717 people.
BCP focuses on banking services for businesses and consumers. It plays a key role in financial intermediation — that is, collecting deposits from the public and extending loans and financing to businesses and individuals. The bank’s operations help fund the growth of small and medium enterprises and drive economic development in its home country and across Africa.
For years, BCP has supported financial education and financial inclusion initiatives. It aims to bring banking services to people who previously did not have access to a bank account, helping them connect to the formal financial system and improve their financial well-being.
Both banks’ strong financial performance underscores the growing role of North Africa’s financial institutions in the global banking industry. The two banks reflect a combination of rich tradition, strong local roots, and ambitious expansion strategies.
Their achievements come at a time when many financial institutions across Africa are growing quickly and extending their operations into neighboring markets. Attijariwafa and BCP are not just serving their home country; their subsidiaries and operations are spreading into North Africa and sub-Saharan Africa, strengthening financial ties across the continent.
This growth signals that the banking industry in Africa is increasingly recognized on the world stage. Large banks from Africa are now competing alongside European, American, and Asian banks in the global financial market.
The 2025 Forbes Global 2000 ranking highlights companies across the world based on their revenue, profits, assets, and market capitalization. The inclusion of Attijariwafa Bank and BCP underscores their financial stability and growing influence.
As these banks grow, they will likely help drive further financial development in Africa, creating opportunities for businesses and consumers alike. The future looks bright for both banks and for the financial industry in Africa.
