he board of directors of CFG Bank met on September 16 to approve the accounts at June 30. The merchant bank founded in 1992, which added commercial banking in 2015, posts a loan book of 20,587 million dirhams, up 20% over twelve months, or net production of 3.4 billion carried for the most part by the corporate segment. Customer deposits reach 22,062 million, up 17%, and the deposits that pay no interest, which grew 26% in a year, now make up more than half of them. Recurring net banking income stands at 549 million dirhams, up 18%: the interest margin accounts for 316 million of it, up 29%, and fees for 233 million, up 5%.
Consolidated net banking income, for its part, rises only 6%, to 634 million dirhams, because the less predictable businesses — brokerage, bond and equity trading, corporate finance — fall 36% to 85 million after an exceptional first half of 2025. Gross operating profit gains 18% to 354 million and pre-tax profit 21%, to 324 million against 268 a year earlier, for a cost of risk of 22 million, or 0.22% of outstandings. Net profit attributable to the group nevertheless stops at 200 million dirhams, up only 10%: the bank has finished consuming its carried-forward losses and its effective corporate tax rate moves from 30% to 37%. The bank confirms its outlook all the same, a rise of about 15% in net profit attributable to the group this year and some 600 million dirhams in 2029. Six branches are under construction through 2028, after the one on boulevard Zerktouni opened in April, which took the network to nineteen. CFG Bank will have built its half on corporate lending far more than on the markets.
Photo: Michał Beim, CC BY-SA 3.0.
CFG Bank - Communication financière — Résultats au 30 juin 2026
AMMC - Publications réalisées par les émetteurs en date du 17 septembre 2026
