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InstitutionReviewed 2026-10-23

Bank Al-Maghrib

The Bank Al-Maghrib is the central bank of the Kingdom of Morocco. It was founded in 1959 as the successor to the State Bank of Morocco (est. 1907). In 2025, the bank held foreign currency reserves estimated at US$46.6 billion.

Sources and references ↗
PROFILE / FACT FILE

Institutional profile

Name
Bank Al-Maghrib [1]
Institution type
Central bank / monetary authority [1]
Jurisdiction / coverage
Morocco, Kingdom of [1]
Established
1959 [2]
Headquarters
Bank Al Maghrib Building [2]
Official website
www.bkam.ma ↗ [1]
Country in background record
Morocco [2]

Institutional role and background

The Bank Al-Maghrib is the central bank of the Kingdom of Morocco. It was founded in 1959 as the successor to the State Bank of Morocco (est. 1907). In 2025, the bank held foreign currency reserves estimated at US$46.6 billion. [3]

In addition to issuing currency, notably through Dar As-Sikah, Bank Al-Maghrib is responsible for supervising the country’s banking system, including private commercial banks. The bank is headquartered on Avenue Mohammed V in Rabat, with a branch in Casablanca and agencies in 18 other cities across Morocco. [3]

Selected introductory text by Wikipedia contributors — Bank Al-Maghrib, under CC BY-SA 4.0. Official facts are cited separately.

Institutional history

  1. Establishment date in the institutional background record. [2]

Source-supported connections

Bank Al-Maghrib → Jurisdiction in the BOJ directory → Morocco, Kingdom of [1]

Frequently asked questions

When was Bank Al-Maghrib established?

1959. See the linked source for the institutional record. [2]

Where is Bank Al-Maghrib headquartered?

Bank Al Maghrib Building. See the linked source for the institutional record. [2]

RELATION MAP

Bank Al-Maghrib connection map

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Reference source ↗
  2. Wikidata background facts (CC0) ↗
  3. Wikipedia contributors — Bank Al-Maghrib (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.