Arab Banking Associations & Unions
- Chairman: Mr. Othman Benjelloun
- Deputy Chairman: Mr. Noureddine Omary
- General Manager: Dr. El Hadi Chaibainou
- Country: Kingdom of Morocco
- Establishment Date: 1943
- Headquarters Address: Espace Porte D`Anfa -8 Ave. Moulay Rachid-Casablanca
- Tel.: (+212)-2-362425
- Fax: (+212)-2-364948
- E-mail: gpbm@mail.gpbm.ma
- Membership in the UAB: Observer Member
| Objectives & Functions |
|---|
| Ensuring banks` compliance by applicable laws ruling the banking profession, especially the decisions of the Finance Minister and the Central Bank, and disseminating information to both parties in case of any non-compliance. |
| Establishing and strengthening communication on a continued basis, between its members, and encouraging agreements between members to facilitate the banking profession. |
| As regards to issues related to the banking profession, it represents members towards public authorities and all national and foreign insti-tutions. |
| It can provide advice, and extend recommendations to the Finance Minister, Central Bank Governor, the National Currency and Board Savings, and the Credit Institutions Committee, and all other concerned authorities. |
| It examines issues related to the banking profession, especially: Improving banking & credit techniques, encouraging competition among banks, establishing joint services, introducing new techniques, training banks` employees, relations with employees` representatives. |
| The Association can activate joint services or companies between banks of any type, except companies which are directed by the Central Bank. |
| The Association can suggest, according to the presented cases, punishment against any of its members to the Central Bank Governor or the Punishment Committee of the Credit Institutions. |
| The Association can represent any of its members towards the Punishment Committee of the Credit Institutions. |
| The Association has the authority to represent members towards the legal body when it is certain that damage was attached to the overall interest of the banking profession. |
