At a glance
CIH Bank is a retail bank that historically specialised in mortgages. It owns Umnia Bank, its Islamic bank, and Sofac, a consumer credit specialist. Its network has 444 branches. It belongs to the state-owned Caisse de dépôt et de gestion (CDG) group.
History
The bank was founded in 1920 as Caisse de prêts immobiliers du Maroc. It expanded into hotel financing and was renamed Crédit Immobilier et Hôtelier in 1967. After serious difficulties in the late 1990s, it recovered in the 2010s, exited the hotel business and became a universal bank focused on individuals and digital services.
Latest published results
In the first half of 2026, consolidated net banking income rose 2.8% to MAD 2.83 billion. Consolidated net income reached MAD 695 million (+3.3%), of which MAD 617 million attributable to the group (+0.3%). Customer deposits rose 14% to MAD 102.2 billion and loans 13.3% to MAD 119 billion.
What to watch
Deposit and loan growth, the cost of risk, and the development of Umnia Bank.
Key dates
- 1920
Caisse de prêts immobiliers du Maroc is founded.
- 1967
After expanding into hotels, the bank becomes Crédit Immobilier et Hôtelier.
- 2009
Start of a turnaround plan that includes exiting the hotel sector.
- 2017
Preparations to launch its Islamic bank, Umnia Bank.
- 2022
Launch of the CIH PAY mobile payment service with Mastercard.
- 2026
Customer deposits reach MAD 102.2 billion in the first half.
Sources: Boursenews, CIH Bank : résultat net consolidé du premier semestre 2026, September 17, 2026; Wikipedia, CIH Bank; TelQuel, Banque islamique : CIH n'attend plus que le feu vert de la Banque centrale, February 26, 2017.
Profile updated on October 29, 2026.