Morocco’s Banque Populaire May Open an Office in Washington

Washington/Morocco News Board-- Washington Business Journal reported on its Friday (Nov. 2, 2012) edition that Morocco’s Banque Populaire “has applied with regulators to establish its first U.S. office in the District.” According to the same source, “It’s not clear what [Banque Populaire] plans are for the Washington area or the U.S. market as a whole.”Banque Populaire has branches in several European countries including France and Italy where large Moroccan communities reside.  The Moroccan community in the Washington area is in need of such banking institution to assist with the needs of the ever-growing number of Moroccans moving to the Mid-Atlantic region.

source:www.moroccoboard.com