Al Barid Bank was created in 2010 following the reorganization of the
Barid Al-Maghrib group, which separated its financial services from its
postal activities. This transformation formed part of broader reforms of the postal and financial sectors in Morocco aimed at modernizing services and expanding access to banking. Al Barid Bank has been credited with enabling significant progress towards
financial inclusion in Morocco, helping to raise the share of Moroccan adults with access to banking services from 34 percent to 62 percent just between 2010 and 2014. Al Barid is also dominant in the Moroccan market for
remittance services. By 2020, Al Barid Bank had over 7 individual customers in Morocco, Its financial performance has increased rapidly in the early 2020s. It has a dense network in the country, with 1900 offices and 920
ATMs as of October 2020. In November 2025, Al Barid Bank reached an agreement with fintech company Taptap Send to facilitate international money transfers to Morocco. ==See also==