The Bank in a few dates
April 7, 1906 | Creation of the State Bank of Morocco |
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July 30, 1959 | Establishment of the Banque du Maroc, as the national issue institution, in replacement of the Banque d’Etat du Maroc |
October 17, 1959 | Adoption of the dirham as the national currency of Morocco |
November 1966 | Recruitment of the first female executive |
April 21, 1967 | Enactment of the first banking law authorizing Bank Al-Maghrib to ensure oversight of banking activities |
1974 | Replacement of the franc by issuing of the centime as a fraction of the dirham |
October 8, 1980 | The first IMF structural adjustment programme |
July 15, 1983 | The second IMF structural adjustment programme |
March 5, 1987 | Adoption of the designation “Bank Al-Maghrib” and inauguration of Dar As-Sikkah by late King Hassan II |
May 1990 | Devaluation of the dirham |
January 1991 | Adoption of indirect control measures in the framework of the monetary policy conduct |
January 1993 | Convertibility of the dirham for current transactions. |
July 6, 1993 | Reform of the banking law, which reinforced Bank Al-Maghrib’s powers in terms of regulation and oversight of the activities of credit institutions. |
June 3, 1996 | Creation of the exchange market |
June 19, 2002 | Inauguration by His Majesty Mohammed VI of Bank Al-Maghrib Museum |
April 23, 2003 | Appointment of Mr. Abdellatif JOUAHRI, governor of Bank Al-Maghrib |
October 23, 2003 | Launch of the first three-year strategic plan of Bank Al-Maghrib |
February 14, 2006 | Enactment of new statutes of Bank Al-Maghrib and new banking law conferring more independence to it in the implementation of monetary policy and banking supervision |
January 1, 2008 | Entry into force of Staff Regulations with new principles on Human Resources Management |
May 18, 2009 | Inauguration of the Museum of Bank Al-Maghrib, reorganized in the former branch of Bank Al-Maghrib with a new scenographic design. |
May 29, 2009 | Commemoration of the 50th anniversary of the Bank and organization of an international symposium on “the role of central banks and the IMF in detecting and managing financial crises” |
July 2010 | Creation of Casa Finance City |
February 18, 2014 | Triple certification of Dar As-Sikkah to Quality, Safety and Environment (QSE) standards |
August 2013 | Issuance of a new series of banknotes |
December 24, 2014 | Enactment of the new banking law |
January 2017 | Granting of licenses for exercising activities of participatory banks |
January 2018 | Transition to a more flexible exchange regime |
February 2018 | Granting licenses for exercising activities of payment institutions. |
July 15, 2019 | Entry into force of the new statutes of Bank Al-Maghrib. |
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