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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%).

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