Bank of Africa had a strong year in 2025, with higher lending, deposits, and market activity helping its business grow.
In the last three months of the year, its domestic banking income went up 13.5% from the same period in 2024, reaching 9.43 billion dirhams. For the whole group, total income grew 9% to 20.35 billion dirhams. The growth came from higher interest earnings, more fees, and solid trading activity.
Loans to customers in Morocco rose almost 7% to 135.6 billion dirhams, and total group loans reached 215 billion dirhams, up around 5%. Customer deposits also grew, climbing 8.1% in Morocco to 175 billion dirhams and 7.3% across the group to 275.3 billion dirhams.
In December 2025, the bank raised one billion dirhams through a special bond, which was oversubscribed more than ten times. Overall, it completed two bond issues in 2025 for 2 billion dirhams.
In January 2026, Bank of Africa got approval to operate as a clearing and settlement broker on Morocco’s forward market, boosting its market presence.
The bank was also named Morocco’s Bank of the Year 2025 by The Banker magazine for the second year in a row. It won other awards in early 2026 for its digital services and for renewing ISO 21001 certification for its training centre.
