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QIIB Announces the Launch of Umnia Bank Operations in
Morocco
May 31, 2017
QIIB has announced the launch of the operations of Umnia Bank in
Morocco, which is the result of a partnership between QIIB and
Crédit immobilier et hotelier (CIH) and Moroccan Deposit and
Management Fund.
The Bank's operational works began through its branches in
Casablanca and Rabat, where Umnia is considered as the first
bank of its kind to obtain the necessary approval of the Central
Bank of Morocco to promote its products in the Kingdom of
Morocco.
Umnia Bank has formulated an operational strategy that focuses
on expanding in various cities in the Kingdom of Morocco and
offers innovative and different banking bank products including
everyday banking solutions, finance and investments as well as
deposits and savings.
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