About the institution
BANK OF AFRICA, A MULTI-BUSINESS PAN-AFRICAN BANKING GROUP WITH A GLOBAL OUTLOOK With operations in 32 countries, including 20 in Africa and with nearly 2,000 points of sale, BANK OF AFRICA is a panAfrican banking group, providing multidisciplinary expertise in a number of countries in Africa and around the world. The Group has fostered strong ties with the African continent, enabling it to play a major role in some of the continent’s most important investment projects. BANK OF AFRICA was also the first Moroccan bank to open a representative office in China in 2000. It has bolstered its presence still further by becoming the first African bank to open a branch office in Shanghai.
Some KPI’s:
· 1st Moroccan bank to establish operations in sub-Saharan Africa in 1989
· 2nd pan-African group by geographical coverage : 20 countries and 5 economic zones
· 3 notable African subsidiaries: BOA Group, Banque de Développement du Mali et LCB Bank
· MAD 345 BILLION Total Assets
· 2000 Points of sale
· 32 Countries
· 6.6 Million customers
About the program
Gender parity is one of BANK OF AFRICA’s HR policy priorities. The Group has taken a number of measures to improve equality between women and men within its different businesses in Morocco and internationally. BANK OF AFRICA endorsing the Women’s Empowerment Principles (WEP) initiative encapsulates and embodies this commitment. The various efforts made by BANK OF AFRICA have enabled it to achieve more than satisfactory results in terms of gender parity. (71 words)
In line with its financial Inclusion strategy, BANK OF AFRICA Group, in partnership with the EBRD and with the support of the European Union, launched its Women In Business (WIB) support package. The latter aims to make an economic as well as a social impact via: – A financing facility for women entrepreneurs (self-employed entrepreneurs, small businesses, SMEs etc.) – A package of non-financial services offering support and advice – The package is free for the first year for new customers – An accelerated credit approval process (formatted) Flexible loans (repayments may be suspended should any personal event occur such as maternity or divorce etc.
