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BMCE Bank of Africa

Present in 32 African countries

4.1/5(892)Founded in 1959Casablanca1,540 branches in Morocco

Introduction

BMCE Bank of Africa has become a major pan-African group, operating in 32 African countries.

History and ownership

Created in 1959, privatized in 1995, rebranded to BMCE Bank of Africa in 2020.

Products offered

BOA home loan

5 to 25 years

BOA auto loan

New or used

Moroccan banks do not publish rate cards: yours depends on your profile, your down payment, the term and negotiation. The only public benchmark is Bank Al-Maghrib's quarterly lending rate survey, which puts the average mortgage rate at 5.06% in the second quarter of 2026 and consumer credit at 6.81%.

Pros

  • Strong African identity
  • Modern digital bank

Cons

  • Rates not always best

Who is this bank for?

Ideal for MRE, export-import entrepreneurs, digital-savvy customers.

Our opinion

BMCE Bank of Africa has strong international identity.

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