Credit of Morocco: A consolidated PNB rose by 12.9% in 2024

Credit of Morocco: A consolidated PNB rose by 12.9% in 2024


The Group -Netto -Banking product (PNB) by Morocco Credit (CDM) estimated 12.9 % at 3.30 billion in the end of December 2024. “This performance is transferred from all activities of the group”The bank said in a press release about its annual results. In social, PNB was 3.1 billion DH, growth of 11.4 % compared to 2023.

According to the bank, general operating costs correspond to 1.6 billion DH in the past financial year, a “controlled” development of 0.4 %. The company coefficient was 48.6% 603 basic points. Without unusual elements that were recorded in the 1920s and 2024 (especially the tax exam for 2023), it would have had a decline in 497 basis points. With regard to corporate accounts, the general operating costs amounted to 1.6 billion DH.

With regard to the balance sheet resources, they accelerated their dynamics with growth of 10.1 % over the course of the year and reached 57 billion DH at the end of 2024. According to the group, this service comes from viewing resources and runtime deposits, which estimated 10.5 % (39.9 billion DH) and 48.1 % (5.9 billion in the DH).

EMG





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