Al Barid Bank

Al Barid Bank is Morocco's postal bank. Created on 8 June 2010 by spinning off the financial services of Barid Al-Maghrib, it is licensed by Bank Al-Maghrib under banking law 103-12 and wholly owned by the state-owned Barid Al-Maghrib group. Its official website lists 2,468 branches and 1,033 ATMs — the country's largest banking network and the only one covering almost every commune —, 8 million accounts, 3,500 employees and 3.2 million users of the Barid Bank Mobile app. The bank presents itself as the Kingdom's number-one savings collector and largest card issuer by outstanding cards; its subsidiary Barid Cash (2014) specialises in money transfers.

Key 2025 figures: according to the financial release of 31 March 2026, net income reached 930.5 million dirhams (+61.7%), net banking income 3.2 billion (interest margin +13.2%, fees +5.8%), mortgage and consumer loans granted 2.8 billion (+47.8%), and deposits grew by 5.5 billion (+7.3%), with current accounts up 14% and a 20% market share in savings.

Mortgages: launched in 2011, the SalafLik mortgage (also marketed as Barid Sakane) finances purchase, construction, land or works, with repayment spread over up to 40 years depending on the socio-professional category according to the bank's website. The bank publishes no rate grid; as a benchmark, our 2026 barometer places fixed market rates between 3.75% and 4.80%, with Bank Al-Maghrib's key rate held at 2.25% on 23 June 2026. Al Barid Bank distributes state-guaranteed loans (Damane Assakane) and takes part in the direct housing aid scheme.

Consumer credit: SalafLik (civil servants, employees, traders, retirees, professionals) is repaid over up to 10 years depending on the profile; the Barid Salaf offer, with no proof of use required, runs up to 120 months for civil servants with payroll deduction and 84 months for retirees, within a 50% debt ratio. For the self-employed, our 2026 auto-entrepreneur loan guide records the market's most accessible programme: only 12 months of activity, a MAD 250,000 cap, observed rates of 7.5 to 8.5%, and an answer within 7 to 10 days. For standard consumer loans, our 10-lender comparison gives the banking market ranges (5 to 8.5%).

Accounts, cards and payments: the 2026 fee schedule shows the Hssab Jeunes pack at MAD 59 per year and Hssab Auto-Entrepreneur at MAD 190 per year with an international Visa Classic card (our review clears up the confusion with Crédit Agricole's Hssab-e). Transfers through Barid Bank Mobile cost MAD 11 (MAD 16.50 for instant transfers) and the KLIK Visa e-card is used for online purchases. Al Barid Bank is also the collecting body for Hajj fees: our 2026 Hajj payment guide describes the procedure.

Opening an account or applying for a loan, step by step: 1) visit the nearest post-office branch with your national ID and proof of address (an account can be opened with a minimal deposit); 2) for a loan, add your last three payslips or pension statement, bank statements and, for a mortgage, the preliminary sales agreement or quotes; 3) simulation and filing in branch or via Barid Bank Mobile for existing customers; 4) approval in principle, property appraisal for mortgages, signature; 5) disbursement at the notary (mortgage) or to your account (consumer loan).

Complaints and recourse: first file a written complaint with the branch or customer service; the bank must reply within 40 working days. Failing a solution, refer the matter free of charge to the Moroccan Banking Mediation Centre, then to Bank Al-Maghrib. Deposits are covered up to MAD 80,000 per depositor by the fund managed by the SGFG.

Wafir.ma is an independent comparison site: neither a credit institution licensed by Bank Al-Maghrib nor an insurance intermediary licensed by ACAPS. Rates quoted are observed ranges; only Al Barid Bank's contractual offer is binding.