- CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation.
- The bank is deploying Backbase’s Engagement Banking platform, aiming to enhance capabilities in areas like lending, investments, and customer engagement.
- This platform is expected to streamline onboarding processes for local customers and Moroccans living abroad.
- CIH Bank, part of the CDG Group, specializes in real estate and hospitality financing.
- Founded in 1920 and headquartered in Casablanca, CIH Bank has a balance sheet of approximately $8 billion and operates 336 branches and 716 ATMs across Morocco.
- In 2020, CIH Bank implemented Finastra’s Fusion Corporate Channels and Fusion Trade Innovation systems to digitize corporate banking and automate trade and supply chain operations.
Morocco’s CIH Bank taps Backbase for Engagement Banking platform
