At a glance
Banque Centrale Populaire (BCP) is the central body of Groupe Banque Populaire. The group brings together BCP and regional people’s banks with cooperative status. It has a strong presence among individuals, Moroccans living abroad and small businesses, as well as in sub-Saharan Africa.
History
Crédit Populaire du Maroc was created in 1961 to finance artisans, traders and small businesses. Over the decades, the listed BCP has become one of the three pillars of Morocco’s banking system.
Latest published results
In the first half of 2026, net income attributable to the group reached MAD 3.2 billion, up 10.4%. Consolidated net banking income fell 3.2% to MAD 13.5 billion as market-activity revenue returned to normal after an exceptional 2025. The cost of risk dropped 60% to MAD 1.1 billion. Gross customer loans rose 5.7% to MAD 337.5 billion, and funding rose 9% to MAD 429.5 billion.
What to watch
Market revenue and the cost of risk in the second half, and full-year 2026 results.
Key dates
- 1926
A royal decree introduces the cooperative people's credit model in Morocco.
- 1961
Crédit Populaire du Maroc is reformed and refocused on artisans and SMEs.
- 2026
Net income attributable to the group up 10.4% in the first half, to MAD 3.2 billion.
Sources: Boursenews, BCP : résultats du premier semestre 2026, September 18, 2026; Groupe BCP, notre histoire.
Profile updated on October 29, 2026.