BMCE Bank Of Africa’s NBI up 5% in the first quarter of 2022

The Moroccan banking and financial group Bank Of Africa published, this Monday, May 30, its financial results for the quarter ended March 31, 2022. It appears that the consolidated net banking income recorded an increase of 5% to 3.6 billion dirhams (365 million USD) during the period considered. This performance is mainly due to the good performance of the margin on commissions and the interest margin. At Banque SA, net banking income increased by +1% to 1.9 billion dirhams (192 million USD) during the period


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