The Middle East's

Top 100 Listed
Companies 2022

55. Bank of Africa*

Country: Morocco

Sector: Banks & financial services

Chairman and CEO: Othman Benjelloun

Market Value: $4.2 billion

Sales: $2.1 billion

Profits: $291 million

Assets: $35.3 billion

Bank of Africa has a presence in more than 20 African countries and employs more than 14,900 people. It has 2,000 points of sale serving 6.6 million customers. In 2019, the Bank of Africa and Casablanca-based business school, the ISCAE Group, jointly launched the "Blue Space" incubator. BlueSpace is located on the ISCAE campus and offers students and entrepreneurs tools to help them develop business ideas. Moroccan billionaire Othman Benjelloun is the Chairman and CEO of the bank.