Banque Populaire
Morocco's second-largest bank by deposits, Banque Populaire is a cooperative bank present throughout Morocco with over 1,600 branches.
Products offered
- Mortgage
- Consumer loan
- Car loan
- Mourabaha (Bank Al Yousr)
- Micro-credit
Key strengths
- Very dense cooperative network
- Among the most competitive rates
- Strong rural presence
- Participatory subsidiary Bank Al Yousr
Geographic presence
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About Banque Populaire
Banque Populaire, or Banque Centrale Populaire (BCP), is Morocco's second-largest bank by customer deposits. Founded in 1926, it operates on a unique cooperative model with regional popular banks, giving it the country's densest branch network with over 1,600 outlets covering the entire territory, including rural areas.
For mortgages, Banque Populaire offers among the most competitive rates on the market, with fixed rates starting at 3.90% over terms up to 25 years. The bank is particularly attractive for civil servants, with preferential terms and facilitated direct salary deduction. Its participatory subsidiary, Bank Al Yousr, offers Sharia-compliant mourabaha products.
Banque Populaire is also the leader among Moroccans Residing Abroad (MRE), with the Banque Populaire Foundation for Micro-Credit and a European branch network (Chaabi Bank in France, Belgium, Netherlands, Germany, Italy, Spain).
Customer reviews for Banque Populaire
Bon accueil en agence
Service client réactif, conseiller à l'écoute. Délai d'ouverture de compte raisonnable. Quelques frais à surveiller mais globalement satisfait.
Karim B. · March 2026
Application mobile fluide
L'app marche très bien pour virements et consultation. Très pratique pour gérer son compte sans aller à l'agence.
Fatima Z. · April 2026
Crédit conso accordé rapidement
Dossier traité en 5 jours, taux correct, conseiller pro. Je recommande pour les salariés CDI.
Youssef R. · May 2026
Reviews aggregated from Google My Business, Trustpilot and wafir.ma — updated monthly
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Compare Banque Populaire with other banks
Use our free tools to compare rates and conditions across the entire Moroccan market.
Frequently asked questions about Banque Populaire
How do I open a Banque Populaire account in Morocco?+
To open a Banque Populaire account, visit a branch with your national ID, proof of address less than 3 months old and an initial deposit (typically MAD 200-500). Current account opening is instant and you receive a bank statement (RIB) the same day.
What are Banque Populaire's account maintenance fees?+
Banque Populaire applies a monthly account fee typically between MAD 10 and 30, plus card fees (MAD 50-300/year depending on tier). Compare rates on wafir.ma before opening.
Does Banque Populaire offer mortgages?+
Yes, Banque Populaire offers mortgages with APRs between 3.8% and 5.4% in 2026 depending on your profile. Maximum term 25 years, minimum down payment 10-20%. Simulate your monthly payment on wafir.ma.
How can I contact Banque Populaire customer service?+
Reach Banque Populaire via the customer number in branch or through https://www.gbp.ma. Standard hours are 8:30am-3:45pm Monday-Friday (8:30am-11:45am Saturday). For urgent files, book an appointment online.
Does Banque Populaire accept Moroccans living abroad (MRE)?+
Yes, Banque Populaire offers a dedicated MRE service: foreign-currency accounts, international transfers, MAD-denominated mortgages with euro collateral. Documents accepted remotely (national ID, passport, country-of-residence income proof).