QIIB launches Umnia Bank in Morocco

QIIB has launched Umnia Bank in Morocco, a partnership between QIIB and Crédit Immobilier et Hotelier and Moroccan Deposit and Management Fund.

The bank’s operational works began through its branches in Casablanca and Rabat, where Umnia is the first bank of its kind to obtain the necessary approval of the Central Bank of Morocco to promote its products in Morocco.

Umnia Bank will focus on expanding throughout Morocco and offers innovative banking products including finance and investments as well as deposits and savings.

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