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KEY DATES

BANK OF AFRICA is convinced that the financial sector has a crucial role to play in building a sustainable, positive and inclusive economy. It has therefore continued to consolidate its position as a leader in Sustainable Finance and Social Responsibility over the past 15 years.

 

  • 2017:
    • Wins the Gold Award for ‘Sustainable Energy’ by the EBRD at its Annual Meeting and Business Forum on the theme of ‘Targeting Green and Inclusive Growth’
    • BANK OF AFRICA named ‘Top Performer, CSR Morocco’ by Vigeo-Eiris, for the 4th consecutive year è press release
    • BANK OF AFRICA included, since 1 December 2016 and renewed in June 2017, in the Emerging 70 Index, an environmental, social and governance (ESG) stock market index specialising in emerging countries è  press release

 

  • COP22 was the highlight of 2016 with BANK OF AFRICA giving a number of climate action undertakings:
    • he enormous success of the EUR 20 million MorSEFF I credit facility (Morocco Sustainable Energy Finance Facility), in 2015, results in a second EUR 35 million (MorSEFF II) facility in 2016
    • Becomes the first bank in Morocco to issue Green Bonds by public offering aimed at financing green projects which promote energy efficiency and the use of renewable energy è press release
    • Memorandum of Understanding to establish a EUR 20 million credit facility in partnership with the AFD and the EIB to finance adaptation to climate change with an emphasis on industrial waste water treatment in Morocco as well as providing technical assistance
    • Innovative EUR 20 million credit facility agreement signed with the FMO and the EIB to help finance Morocco’s circular economy in solid waste collection, recycling and recovery
    • SO 14001-certifiedEnvironmental Management System Integration established in October 2016
    • MCE BANK OF AFRICA becomes the first institution within its industry to carry out a carbon footprint assessment and calculate its greenhouse gas emissions, amounting to only 0.064% of total emissions in Morocco
    • MCE BANK OF AFRICA Academy awarded HEQ certification (implementation phase – very good) by Cerway in November 2016
    • MCE BANK OF AFRICA Group, as an adjunct to COP22, is the User’s Choice Building winner and as well as picking up the Smart Building Award for its new BANK OF AFRICA Academy site in the green city of Bouskoura to the south of Casablanca
    • In October 2016, BANK OF AFRICA wins an award at the ‘Arabia Corporate Social Responsibility Awards’ in the Financial Services category for the third consecutive year
    • A EUR 150 million credit facility is signed between BANK OF AFRICA and the European Investment Bank, as an adjunct to COP22, to support small and medium-sized enterprises (SMEs) in financing projects in the manufacturing and services sectors

 

  • 2015:
    • frican Entrepreneurship Award inaugurated to promote entrepreneurship in Africa
    • BMCE Capital Gestion, a subsidiary of BANK OF AFRICA Group, launches ‘FCP Capital ISR’, Morocco’s first SRI investment fund

 

  • 2014:
    • Top Performer, CSR Morocco’ awarded by Vigeo
    • SR Arabia award

 

  • 2013:
    • BANK OF AFRICA shortlisted in the Sustainable Bank of the Year - Africa/Middle East category of the FT Sustainable Finance Awards

 

  • 2012:
    • BANK OF AFRICA named “Socially Responsible Bank of the Year” for 2012 at the African Banker Awards

 

  • 2011:
    • The first Equator Principles report is published online

 

  • 2004:
    • First Moroccan company to obtain a social responsibility rating in the area of human rights and social responsibility from Vigeo 

 

  • 1998:
    • Adopts an environmental management policy within the Bank

 

  •  1995:
    • BANK OF AFRICA Foundation established