US EditionMoroccan banks report record profit in 2024 – The North Africa Post
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Moroccan banks report record profit in 2024 – The North Africa Post
Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]
·Rabat, Morocco
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