56. Bank Of Africa

Country: Morocco
Sector: Banks & Financial Services
Chairman and CEO: Othman Benjelloun
Market Value: $4.1 billion
Sales: $2.5 billion
Profits: $403 million
Assets: $38.4 billion

Bank Of Africa was established in 1959 as Banque Marocaine du Commerce Extérieur and became Bank Of Africa in 2020. As of October 2023, the bank had operations across 32 countries, serving over 6.6 million customers. It has 609 branches and points of sale in Africa, contributing 49% of net income attributable to shareholders of the parent company. RMA Watanya is the largest shareholder, with a 27.41% stake.