Home / Banking / CIH improves its net banking income

CIH improves its net banking income

CIH Bank’s net banking income reached 1.19 billion dirhams in the first half, posting growth of 6.8 percent year-on-year.

This growth can be explained in particular by the improvement in the activity of banks and specialized finance companies, says the bank, which also generated a total balance sheet of the bank of MAD 70.5 billion for the first six months of the year, an increase of 8.6% compared to the end of December 2018.

Note that customer deposits reached MAD 40.6 billion (+9.7%), while loans totaled 49.5 billion dirhams (+4.5%).

Check Also

Belt and Road: BMCE BoA first Bank in Morocco and Africa to support “Green Investment Principles”

BMCE Bank of Africa is the first Bank in Morocco and Africa to support the …

Leave a Reply