BANK OF AFRICA pursues its strategy of innovation and consolidation of its positioning on the Moroccan financial markets with obtaining the approval of Compensatory Negotiator (NC), as part of the operational implementation of the futures market in Morocco. A strategic step which reinforces the Group's central role in the national financial ecosystem.

This approval allows BANK OF AFRICA to perform the functions Essentials for offsetting derivatives transactions standardized. Through this role, the Bank contributes directly to security, to the transparency and fluidity of the market, while guaranteeing the right end transactions. It also testifies to the respect of the highest standards high in terms of risk management, governance, compliance regulatory and operational infrastructures.

Thanks to this new status, BANK OF AFRICA is now in able to support market operators more effectively, institutional investors as well as corporate clients in their hedging and risk management strategies. The solutions proposed, based in particular on futures contracts, enrich the Group's offer in market activities and strengthen its credibility with players national and international.

This advance confirms the position of BANK OF AFRICA as a systemic player and pioneer in the transformation of the market for Moroccan capital. It illustrates the Group's ongoing commitment to development of the financial market, the support of its customers in a increasingly sophisticated environment and the sustainable modernization of the Moroccan financial center, with a strong influence on an African scale