Crédit du Maroc, a subsidiary of the French banking group Crédit Agricole, announced a 19.4% increase in its net profit for the first half of 2026, reaching MAD 501 million, compared to MAD 419 million in the same period of 2025. The bank attributed this growth to a 9.1% rise in net banking income, which totaled MAD 1.9 billion.
The bank's operating expenses increased by 5.2% to MAD 1.1 billion, while the cost of risk decreased by 12.3% to MAD 234 million, reflecting an improvement in asset quality. The net banking income growth was supported by a 7.8% increase in customer loans and a 6.5% rise in customer deposits.
Crédit du Maroc's return on equity (ROE) stood at 12.5% as of June 30, 2026, up from 11.2% a year earlier. The bank's solvency ratio remained strong at 14.2%, above the regulatory minimum.
