Local media say Moroccan authorities are closing 267 bank branches across the country because they are not secure enough to prevent holdups.
Le Matin and several other Moroccan newspapers quote Interior Minister Chakib Benmoussa as saying he ordered the closures because Islamist terrorist cells are suspected of attacking banks to fund their activities.He says there have been eight holdups so far this year and 32 in 2007.
The branch closures represent a significant number of bank branches in the North African kingdom.
The branches can reopen once they have hired enough security agents and installed alarms and closed-circuit TV systems.
Tags: Moroccan Morocco Fes, Maghreb news
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