For the first six months of the year, Bank of Africa's revenues grew by double digits, increasing by 10.8 and 18.7% respectively compared to the same period last year.

In the first half of 2023, Bank of Africa showed good operational and commercial momentum. It generated consolidated net banking income of around 8.4 billion dirhams compared to 7.75 billion dirhams, an increase of 8.4%. Social net banking income would have recovered by 3.8% to 3.9 billion dirhams. On the commercial side, the bank in Morocco saw its customer loans, excluding Resales, increase by 3.8% at the end of June, to 121 billion dirhams. Customer deposits, excluding rest, fell to 231 billion dirhams in consolidated terms, a decrease of 4.2% compared to the same period of the previous

The first six months of the year were also marked by the strengthening of the independence and gender diversity of the Bank of Africa Board of Directors through the appointment of two new independent directors.