CDG Capital reported higher earnings in the first three months of 2026, even as financial markets faced a tougher environment.
The bank’s standalone net banking income rose to 170.4 million dirhams by the end of March, up from 115.3 million dirhams a year earlier. Its consolidated net banking income reached 149.5 million dirhams.
In a statement, CDG Capital said its business remained solid despite pressure from changes in interest rates and uncertainty in the global geopolitical landscape.
Growth was driven by its asset management and custody businesses, while its core activities also continued to perform well.
Assets under custody climbed to 689 billion dirhams at the end of March, up 12% from the same period last year.
CDG Capital said the increase reflected continued trust from its institutional clients.
