Crédit du Maroc, a subsidiary of the French banking group Crédit Agricole, reported a 37.2% increase in its net profit (RNPG) for the first quarter of 2026, reaching 204 million Moroccan dirhams (MAD), according to the bank's financial statements released on May 14, 2026. This growth was supported by a 6.7% rise in outstanding loans over the past twelve months, totaling 60,519 million MAD as of March 31, 2026.
Loans to businesses increased by 8.2%, while loans to individuals grew by 4.5%. Customer deposits also rose by 5.3% to 63,210 million MAD, reflecting improved customer confidence. The bank's net banking income (NBI) increased by 8.1% to 1,045 million MAD, driven by higher interest margins and fee income.
The cost of risk decreased slightly to 0.8% from 0.9% a year earlier, indicating better asset quality. The bank's solvency ratio stood at 13.2%, above the regulatory minimum of 12%. Crédit du Maroc operates 450 branches across Morocco and serves over 1.2 million customers.
