2025
2025IIG Bank (Malta) signs MOU with The Maghreb Bank for Investment and Foreign Trade (BMICE)
Tunisia, September 2025: IIG Bank is proud to announce the signing of a Memorandum of Understanding (MOU) with the The Maghreb Bank for Investment and Foreign Trade (BMICE), marking a significant milestone in its commitment to fostering deeper economic and financial cooperation with North African nations.
Dr Fauzi Abokhzam - General Manager of BMICE, Mr Younes El Masloumi - Director of Recourses of BMICE and Mr. Mohammed Bandoui, Chief Officer, FI & Trade Commodities Finance of IIG Bank signing the MOU.
The signing ceremony, attended by senior representatives from both institutions, symbolizes a strategic partnership with one of the most prominent public entities of the Arab Maghreb Union. This collaboration positions IIG Bank as a privileged partner in the region, paving the way for impactful joint initiatives that support sustainable development and financial innovation.
Under the terms of the MOU, the parties have agreed to explore and, where appropriate, collaborate on the following key areas:
- Financial Services: Co-developing and offering tailored financial products, including loan facilities and deposit solutions.
- Trade Finance: Enhancing support for international trade through streamlined processes for letters of credit, guarantees, and other trade finance instruments.
- Technology and Innovation: Sharing best practices and potentially co-developing digital banking solutions, cybersecurity frameworks, and data analytics tools.
- Knowledge Sharing: Facilitating the exchange of insights on market trends, regulatory developments, and risk management strategies.
"This partnership reflects our shared vision for inclusive growth and regional integration," said Mohammed Bandoui, Chief Officer, FI & Trade Commodities Finance of IIG Bank. "We look forward to working closely with the BMICE to unlock new opportunities for our clients and communities."
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