BO
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Moroccan banks do not publish rate cards: yours depends on your profile, your down payment, the term and negotiation.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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