BANQUE CHAABI DU MAROC

Banque Chaabi du Maroc is the Moroccan retail and commercial banking arm of Groupe Banque Centrale Populaire, operating domestically under the Banque Populaire brand and supervised by Bank Al‑Maghrib. The bank provides current and savings accounts, term deposits, domestic and cross‑border payments, foreign exchange, debit and credit cards, consumer and mortgage lending, SME financing, and corporate services including trade finance and cash management. Access is offered through a nationwide branch and ATM network, as well as digital channels branded Chaabi Net (online banking) and Chaabi Mobile (app), with security features such as chip‑and‑PIN, one‑time passwords, and 3‑D Secure for card payments. The group also services Moroccans residing abroad via Chaabi Bank in several European markets and supports money transfers to Morocco through affiliated remittance channels. Ancillary activities include bancassurance partnerships and microfinance via the group’s foundation initiatives aimed at financial inclusion. Account opening typically requires identification, proof of address, and income documentation; non‑resident and professional segments are subject to specific terms. Pricing follows published tariffs for account maintenance, transfers, cards, and cash services; rates and fees vary by product and profile. The institution operates under Moroccan banking law, applies know‑your‑customer and anti‑money‑laundering controls, and participates in the national deposit guarantee framework. Financial statements are prepared at group level under applicable reporting standards and made available through investor disclosures. Product availability, eligibility, and interest conditions can change and may differ by region and channel.