The BANK OF AFRICA was established in 1959 under the name of Banque Marocaine du Commerce Extérieur and became the BANK OF AFRICA in 2020. It has 6.6 million customers, 2,000 points of sale, and 15,000 employees across 32 countries. In June 2024, the bank sold its majority stake in Africa Morocco Links to Compagnie de Transports au Maroc and expanded its collaboration with the European Bank for Reconstruction and Development through a $10.4 million credit facility provided by EBRD for eco-friendly projects. As of September 2024, the group recorded total assets of $39.5 billion.