Home Finance & Business Crédit Agricole du Maroc issues 1bn dirham bond as profits grow

Crédit Agricole du Maroc issues 1bn dirham bond as profits grow

Crédit Agricole
Crédit Agricole

Groupe Crédit Agricole du Maroc said its loans and profits rose in 2025, as it increased financing to the economy and attracted more savings.

Outstanding loans stood at 129bn dirhams at the end of December, up 13% from 114bn a year earlier. The bank said it continued to support key sectors, particularly agriculture and socio-economic development.

Customer deposits reached 128bn dirhams, an increase of 11% compared with the end of 2024. Demand deposits rose by 10%.

Consolidated net banking income rose 9% to 5.2bn dirhams. On a standalone basis, it increased 7% to 4.8bn dirhams, from 4.5bn the previous year. The bank said the rise was driven by higher commission income and improved interest margins.

In the fourth quarter, the group issued a perpetual subordinated bond worth 1bn dirhams to institutional investors.

Crédit Agricole du Maroc also signed an agreement with Holding Al Omrane to combine expertise in support of their socio-economic missions, and said it would continue to back more resilient agriculture through tailored financing mechanisms.

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