Bank Al-Maghrib

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Bank Al-Maghrib
بنك المغرب
Headquarter Logo
Headquarter Logo
Headquarters Rabat, Morocco
Central bank of Morocco
Currency Moroccan dirham
ISO 4217 Code MAD

The Bank Al-Maghrib is the central bank of the Kingdom of Morocco. It was founded in 1959, and is based in Rabat. It holds reserves of foreign currency with an estimated worth of USD 36 billion (2008 worth). In addition to currency management, the Bank Al-Maghrib also supervises a number of privatized banks supplying retail services.

The Bank is a member of the Alliance for Financial Inclusion[1] and active in promoting financial inclusion policy.

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Coordinates: 34°01′10″N 6°50′09″W / 34.01944°N 6.83583°W / 34.01944; -6.83583