BCP Group

Banque Centrale Populaire
IndustryFinance
Founded2 February 1961
HeadquartersCasablanca, Morocco
ProductsFinancial services
RevenueIncrease DH 20,1 billion (2021) [1]
Increase DH 2,7 billion (2021) [2]
Total assetsIncrease DH 465 billion (2021) [3]
Websitewww.gbp.ma

BCP Group, also referred to as Crédit Populaire du Maroc (lit.'People's credit [bank] of Morocco') and popularly known under the brand Banque Populaire or Chaabi, is a major financial services group in Morocco, headquartered in Casablanca. The acronym BCP stands for the group's central entity, the Banque Centrale Populaire which also operates retail services in the region of Casablanca and El Jadida. The group also comprises eight regional entities known as Banques Populaires Régionales: these are, respectively, Centre-Sud (covering the Souss-Massa region), Fez-Meknes, Laayoune, Marrakesh-Beni Mellal, Nador-Al Hoceima, Oujda, Rabat-Kenitra, and Tangier-Tétouan.[4]

As of 2024, BCP Group was Morocco's second-largest banking group, behind market leader Attijariwafa Bank and ahead of Bank of Africa.[5] It has had the largest deposit base in the country for many years. Like its two main Moroccan peers, it has also expanded significantly into sub-Saharan Africa.[6]

  1. ^ https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf [bare URL PDF]
  2. ^ https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf [bare URL PDF]
  3. ^ https://www.groupebcp.com/fr/GBP_Finances/Rapport_Financier_2021.pdf [bare URL PDF]
  4. ^ "Les Banques Populaires Régionales". Groupe BCP.
  5. ^ Adil Faouzi (14 April 2024). "Morocco's Banking Sector Shines in Forbes' 2024 List of MENA's 30 Most Valuable Banks". Morocco World News.
  6. ^ Cite error: The named reference Africa was invoked but never defined (see the help page).