Damane Cash and Bank Al Karam, a partnership to strengthen financial inclusion in Morocco

Damane Cash and Bank AL Karam, subsidiaries of the Bank Of Africa Group, have entered into a strategic partnership to facilitate access to financial products across Morocco. This partnership is part of the group’s synergy policy, with a network of 1,300 branches covering the entire Kingdom.

By joining forces, the two institutions aim to bring banking and crowdfunding services, including Mourabaha financing, closer to Moroccan citizens. This initiative allows unprecedented accessibility to financial services, even in the most remote regions.

Damane Cash and Bank AL Karam’s commitment to financial inclusion is at the heart of this partnership. By facilitating quick and easy access to financing, they are helping to make the dream of many Moroccans of owning a home a reality.

Damane Cash, a wholly-owned subsidiary of the Bank Of Africa Group, is a major player in the Moroccan financial sector, offering innovative and inclusive services. Bank Al Karam, also a subsidiary of the Bank Of Africa Group, is a participatory bank offering a wide range of products in line with the opinions of the Higher Council of Ulemas, intended for all customer segments.