- 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.
