Home Finance & Business Saham Bank sees strong growth in first half of 2025

Saham Bank sees strong growth in first half of 2025

Saham Bank sees strong growth in first half of 2025
Saham Bank sees strong growth in first half of 2025

Saham Bank continues to build momentum in Morocco’s banking sector, wrapping up the first half of 2025 with impressive growth figures. The institution, still a newcomer to the market, reported a net banking income of 79 million dirhams for the first six months of the year—a 43% jump compared to the same period last year.

This strong performance has been largely driven by a surge in customer lending, which climbed by 45% to reach 2.3 billion dirhams. On the deposit side, the bank collected a total of 1.8 billion dirhams, marking a year-on-year increase of 21%.

Profitability is also on the rise. As of June 30, Saham Bank posted a net profit of 17 million dirhams, up 31% from the first half of 2024.

Founded in 2022 and backed by the Saham Group, the bank is quickly establishing itself as a serious player in Morocco’s financial landscape. Its strategy hinges on agility and a commitment to innovation, aiming to meet the evolving needs of a broad and diverse customer base.

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