Bank Of Africa was established in 1959 under the name of Banque Marocaine du Commerce Extérieur and became Bank Of Africa in 2020. As of October 2023, the bank had operations across 32 countries, serving over 6.6 million customers. It has 609 branches and points of sale in Africa, contributing 49% of net income attributable to shareholders of the parent company. RMA Watanya is the largest shareholder, with a 27.41% stake.