Keywords: Banking


Salafin: Automotive Financing Supports Activity in the First Half of 2026

Salafin generally maintains its course in the first half of 2026, despite a slight decline in its net production. The subsidiary of Bank of Africa, specialized in consumer credit, has particularly benefited from the dynamism of automotive financing, which partially offsets the slowdown observed in personal......

Money Market: Stability Confirmed Despite Decline in Inflation

The Moroccan money market maintained a generally stable configuration during the week of August 17 to 19, 2026. This period, marked by two public holidays, occurred in a context of a significant slowdown in inflation, which fell to -0.6% year-on-year by the end of July, according to an analysis published......

Maghrebail Strengthens Its Performance in the First Half of 2026

Maghrebail concludes the first half of 2026 with a strong growth momentum, driven notably by the increase in its financing activities and equipment acquisitions. The company reports rising indicators, with an increase in its net banking income, revenue, and outstanding amounts by the end of June. Maghrebail's......

Toronto Stock Exchange Hesitates Amid Strong Bank Results and Trade Tensions with the US

Futures tied to Canada’s main stock index are moving in different directions on Wednesday morning. Investors are welcoming the strong results from the National Bank of Canada while remaining cautious about the escalating trade tensions between Ottawa and Washington, as well as the upcoming US inflation......

IFC plans €60 million initiative to tackle distressed debt in Morocco

The International Finance Corporation (IFC) is preparing a new investment mechanism aimed at addressing distressed debt in Morocco and helping financial institutions improve the management of non-performing assets. The initiative is being developed in partnership with German company EOS and could involve......

The dirham appreciates against the dollar but declines against the euro

The Moroccan dirham experienced contrasting movements against major currencies during the period from August 13 to 19, 2026. According to data from Bank Al-Maghrib (BAM), the national currency strengthened against the US dollar while losing ground against the euro. This development occurs in a foreign......

ECB leans towards approving UniCredit’s Commerzbank takeover bid

The European Central Bank is leaning toward approving UniCredit's bid for Commerzbank, according to an internal document outlining the central bank's preliminary assessment of the proposed transaction. The potential takeover would bring together two major European banking groups and could create......

Citigroup appoints Morgan Stanley veteran Jean-Baptiste Charlet to lead French operations

Citigroup has appointed Jean-Baptiste Charlet to lead its operations in France, bringing in a senior Morgan Stanley veteran with more than three decades of experience in financial markets. Charlet will take the formal position of Citi Country Officer and Banking Head for France, giving him responsibility......

Revolut secures French banking licence as fintech accelerates European expansion

British fintech Revolut has secured a banking licence in France, marking a major step in its efforts to strengthen its presence in one of Europe's largest retail banking markets. The company announced the approval on Monday, describing the licence as an important milestone that reinforces its position......