THE MIDDLE EAST’S
53. Bank of Africa
Country: Morocco
Sector: Banks & Financial Services
Chairman and CEO: Othman Benjelloun
Market Value: $3.4 billion
Sales: $2.2 billion
Profits: $351 million
Assets: $38 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.