Casablanca Stock Exchange, Banks

BMCI

Moroccan bank owned by France’s BNP Paribas group.

At a glance

Banque Marocaine pour le Commerce et l’Industrie (BMCI) serves individuals, professionals and companies. It belongs to the French banking group BNP Paribas.

History

BMCI was founded in 1964. Its shares have been listed on the Casablanca Stock Exchange since 1972, making it one of the oldest banks on the market. It is part of the BNP Paribas group.

Latest published results

In the first half of 2026, consolidated net banking income was stable at MAD 2.01 billion (+0.9%). Consolidated net income jumped 62.4% to MAD 354 million as the cost of risk fell 62.3% to MAD 150 million. Customer deposits reached MAD 51.67 billion (+2.2% since end-2025) and loans MAD 59.37 billion (+0.9%).

What to watch

A return to loan growth, and the cost-to-income ratio, at 59.2%.

Key dates

  1. 1964

    Company founded.

  2. 1972

    First listing on the Casablanca Stock Exchange.

  3. 2026

    Consolidated net income up 62.4% in the first half, driven by a sharp fall in the cost of risk.

Sources: Boursenews, BMCI : résultats du premier semestre 2026, September 28, 2026; African Markets, fiche société BMCI, October 29, 2026.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.