At a glance
Crédit du Maroc is a universal bank serving individuals, professionals and companies. It has been controlled by the Moroccan Holmarcom group since 2022.
History
The bank was founded in Casablanca in 1929 as a subsidiary of Crédit Lyonnais. It came under the control of France’s Crédit Agricole in 2003, after the takeover of Crédit Lyonnais. In 2022 Crédit Agricole sold its majority stake to the Holmarcom group, which bought the remainder in 2024.
Latest published results
In the first half of 2026, consolidated net banking income rose 7.8% to MAD 1.91 billion. Net income attributable to the group increased 19.4% to MAD 532 million. The cost of risk fell 78.4% to MAD 28 million. Loans reached MAD 64.27 billion (+7.1%) and deposits MAD 63.9 billion (+10.1%).
What to watch
Non-performing loans, at a ratio of 6.6%, and growth in corporate lending (+12.7%).
Key dates
- 1929
Founded in Casablanca as a subsidiary of Crédit Lyonnais.
- 2003
Comes under Crédit Agricole's control after the takeover of Crédit Lyonnais.
- 2022
Crédit Agricole sells its 78.7% stake to the Holmarcom group.
- 2024
Holmarcom completes the purchase of Crédit Agricole's remaining shares.
- 2026
Net income attributable to the group up 19.4% in the first half.
Sources: Le Matin, Crédit du Maroc : bénéfices en hausse de 19,4 % au premier semestre 2026, July 28, 2026; Wikipedia, Crédit du Maroc; TelQuel, Crédit du Maroc : le groupe Holmarcom finalise l'acquisition des parts de Crédit Agricole, June 11, 2024.
Profile updated on October 29, 2026.