ABG, BMCE Bank partners to launch BTI
Manama : Al Baraka Banking Group (ABG), the leading multinational Islamic Banking Group headquartered in Bahrain, and the Moroccan Bank for Foreign Commerce of Africa (BMCE Bank), one of Africa’s leading international banking groups, announced the launch of the new participation bank, BTI Bank (Bank al Tamweel wa Inma), with opening its headquarters in Casablanca.
The establishment of this participation bank comes within the context of fulfilling the needs of the Moroccan market and placing the requirements of its customers and individuals at the heart of the Bank’s interests and priorities.
As part of its efforts to be a real partner for all categories of customers, including individuals, companies, professionals and businesses alike, BTI Bank will rely on the integrated expertise of its founders.
Adnan Ahmed Yousif, Board Member and President and Chief Executive of Al Baraka Banking Group said, “We are confident of the large opportunities for the success of our bank, given the Morocco’s significant and promising development potential in the field of participation banks. We seek to put out our experience and expertise on the Moroccan market through BTI Bank, thus hoping to contribute to the growth and prosperity of this fraternal country.”
BTI Bank is committed to developing tangible and practical solutions to the financing and investment needs of the Moroccan market and to offer a variety of products and services that meet the needs and requirement of all its customers.
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