Moroccan Debt and Bank Profits
The results of the Moroccan banking sector in the first half of 2026 show notable growth, with customer deposits increasing by 9% and loans by 5.7%. Despite declining purchasing power and economic difficulties, some banks such as BMCI and CIH Bank achieved strong financial results, with net consolidated profits rising by 62.4% and 2.8%, respectively. Additionally, banks experienced an increase in the loans granted, with the Bank of Morocco's outstanding bank loans reaching 1,286.2 billion dirhams in July 2026, an increase of 10.3%. However, non-performing debts also rose by 3.1%, reaching 104.7 billion dirhams, reflecting challenges facing the financial sector.
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