The Banque Centrale Populaire (BCP) Group recorded a net banking income (PNB) of 12.8 billion dirhams (MMDH) by the end of June 2024, reflecting a 9% increase compared to the same period in the previous year. This growth is partly driven by the positive performance of bond trading activities, according to a statement from BCP published on the Moroccan Capital Market Authority’s website. It is important to note that these consolidated figures are provisional and unaudited.
In terms of balance sheet indicators, the group’s resources increased by 1.7 billion dirhams compared to the end of 2023, reaching 373.4 billion dirhams. Meanwhile, the gross outstanding consolidated loans to customers showed a slight decline of 2% from the end of 2023, totaling 312 billion dirhams. This decrease was primarily due to a drop in cash loans, offset by an improvement in equipment loans in Morocco.
