32. Bank of Africa
Country: Morocco
Chairman and CEO: Othman Benjelloun
Market value: $3.4 billion
Bank of Africa has a presence in 32 countries throughout Africa, Europe, Asia, and North America. It employs nearly 14,900 people across 2,000 branches serving 6.6 million customers. Bank of Africa is committed to the environment and sustainable development, notably through the BMCE Bank Foundation, which promotes education and community development in rural areas in Morocco and sub-Saharan Africa. In 2022, the net income attributable to shareholders of the parent company grew by 15% to $225.9 million.