Moody’s has maintained Crédit du Maroc’s long-term deposit rating at “Ba2” and confirmed its “stable” outlook, according to the latest credit report. The rating agency highlighted the bank’s key strengths, including its “strong capitalization, bolstered by improved capital reinforcement, solid profitability, stable deposit base, and sound liquidity quality.” The report also emphasized the “notable improvements in the bank’s risk management practices in recent years.”
Looking ahead, the “stable” outlook for Crédit du Maroc takes into account the bank’s continued profitability, solid capital base, and large, stable deposit base. These factors are expected to offset the risks associated with high credit concentration over the next 12 to 18 months.
