CIH Bank
CIH Bank S.A. (Crédit immobilier et hôtelier) is a Moroccan bank. It is part of the Caisse de dépôt et de gestion (CDG) group, concentrating especially in the real estate and tourism sectors. It also provides retail banking services.
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| Formerly | Caisse de Prêts Immobiliers du Maroc (until 1967)[1] |
|---|---|
| Type | Société anonyme |
| Founded | 1920 |
| Headquarters | |
Key people | Lotfi Sekkat (president and managing director)[2] |
| Services | Investment banking Retail banking |
 MAD 1,381 billion (2007) | |
| 34.4 million US$ (2016) | |
| Total equity |  MAD 2.3 billion |
Number of employees | 1,542 |
| Website | cihbank |
History
CIH Bank was created in 1920 as Caisse de prêts immobiliers du Maroc (CPIM).[1] After branching into the tourism sector in 1967, it changed its name to Crédit immobilier et hôtelier.[1] As of 2014, CIH Bank offers a broader service across all sectors of the banking market.
Services
in 2022, CIH and MasterCard launched a joint digital payment service "CIH PAY", that allows customers to use their phones for payments and transactions [3][4]
Previous presidents
- Ayoub Boubalgha (2001)
- Akram El Masfioui (2002)
- Abdelouahed Souhail (1998 – 2001)
- Mohamed El Alej
- Khalid Alioua (24 July 2004 – 24 April 2009)[5]
- Ali Harraj[5] (Interim)
- Ahmed Rahhou (6 October 2009 – 4 June 2019)[6]
External links
- (in French) Official website
- (in French) CIH Bank Stock in the Casablanca Stock Exchange
References
- "Historique" [History]. www.cihbank.ma (in French). Retrieved 24 October 2014.
- "Conseil des ministres : Un nouveau PDG à la tête du CIH". L'Economiste (in French). 2019-06-04. Retrieved 2022-11-08.
- "Morocco's CIH, Mastercard Celebrate CIH PAY Launch".
- "Home". cihpay.ma.
- "Ali Harraj, un pur produit de la CDG dont il dirige le pôle financier" [Ali Harraj, CDG company man, its chief financial officer]. L'Economiste (in French). 2001. Archived from the original on February 24, 2011. Retrieved October 24, 2014.
- "SM le Roi nomme M. Ahmed Rehou PDG du crédit immobilier et hôtelier" [His Majesty the King names Mr. Ahmed Rehou President and Director-General of Crédit Immobilier et Hôtelier]. CIH Bank (Press release) (in French). Agadir. 22 September 2009. Archived from the original on October 9, 2009. Retrieved October 7, 2009.
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