Bank Of Africa achieved a consolidated Net Banking Product (PNB) of 18.6 billion Dirhams (MMDH) at the end of 2024, up 9.6%.

For its part, net social banking income reached MAD 8.3 billion, up +16%, driven by the favorable evolution of all income components, indicates the Group in a press release on its financial results.

The Group's commercial expansion was sustained at the end of 2024 with an increase in customer deposits - Hors Repos- both in Morocco and in Consolidated respectively of +7.6% to MAD 162 billion and of +8.2% to MAD 256.4 billion.

The press release reports an increase in customer loans of +10% and +6.6% for Banque SA in the year 2024.

Excluding Resales, they grew by +2.1% to MAD 205.8 billion in consolidated terms, and by +3% reaching MAD 127 billion in social terms.