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Morocco Bank of Commerce and Industry

Morocco Bank of Commerce and Industry latest

Morocco: Banks’ Profits Hit $1.1 Billion by the End of September
December 10th, 2019 - 07:17 GMT

Morocco: Banks’ Profits Hit $1.1 Billion by the End of September

The profits of eight main Moroccan banks reached $1.1 billion at the end of September, a 0.96 percent increase compared to the same period last year, while the total net banking income increased 6.6 percent to reach $5.62 billion, according to financial data released by Moroccan banks for the third quarter of 2019. The performance of the eight banks had uneven profit growth during this period. The net profits of ...
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