Keywords: Morocco banking sector


Morocco’s banks sustain growth as lending expands and bad debts rise

Morocco’s banking industry is maintaining its growth momentum despite persistent pressure on household purchasing power and a less favorable economic environment. First-half 2026 results from major listed banks point to continued expansion in deposits, lending and, in several cases, profitability,......

Crédit du Maroc posts 37% profit surge in first quarter 2026

Crédit du Maroc delivered a strong financial performance in the first quarter of 2026, with its consolidated net income attributable to the group climbing 37.2% year-on-year to reach 272 million dirhams, up from 198 million dirhams during the same period in 2025. The results, reviewed by the Supervisory......

Moroccan banks reduce bad loans, boost coverage despite rising provisions

Morocco’s central bank, Bank Al Maghrib (BAM), revealed a 2.7% decrease in non-performing loans (NPLs) at Moroccan banks, bringing the total to MAD 97.4 billion ($10.86 billion) in 2024. This marked a slight improvement in the loss rate to 8.4%, down 0.1 percentage points from the previous year,......

Morocco's Central Bank Enhances Security and Identity Verification with Innovative Digital Partnership

In a significant move to bolster security and streamline operations, Bank Al-Maghrib, Morocco's central bank, has entered into a groundbreaking partnership with the General Directorate of National Security (DGST). This collaboration, formalized through a protocol signed in Rabat, marks a pivotal......