This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress-Rabat
In terms of commercial achievements, Al Barid Bank continues to consolidate its positioning in the mobilization of savings and to develop its role in household financing.
Thus, the outstanding of sight deposits has evolved by +11% to stand at 34.3 billion dirhams.
Savings accounts display an evolution of the outstanding +4.2% to 36.5 billion dirhams, in
strong increase compared to the market allowing it to position itself in the 1st row in the sector
with a market share of 19.63%.
In terms of credits, the dynamics of household financing has experienced
significant compared to the evolution of the banking sector with growth in outstanding credits
Habitat of +8.4 % and that of consumption credits of +9.5 %.
Thus, the net banking product (PNB) of Al Barid Bank reached 3.10 billion dirhams, recording
An annual evolution of +36%. This progression has its origin in the good dynamic of
Al Barid Bank: a year 2024 marked by a remarkable evolution of all indicators
The AL Barid Bank supervisory board met on Friday March 28, 2025 to examine
The decree of the accounts and the evolution of the activity of the bank on December 31, 2024.
In terms of commercial achievements, Al Barid Bank continues to consolidate its positioning
in the mobilization of savings and to develop its role in household financing.
Thus, the outstanding of sight deposits has evolved by +11% to stand at 34.3 billion dirhams.
Savings accounts display an evolution of the outstanding +4.2% to 36.5 billion dirhams, in
strong increase compared to the market allowing it to position itself in the 1st row in the sector
with a market share of 19.63%.
In terms of credits, the dynamics of household financing has experienced
significant compared to the evolution of the banking sector with growth in outstanding credits
Habitat of +8.4 % and that of consumption credits of +9.5 %.
Thus, the net banking product (PNB) of Al Barid Bank reached 3.10 billion dirhams, recording an annual evolution of +36%. This increase has its origin in the good dynamics of the bank’s activities through the assessment of the net interest margin of +19%and the margin on commission of +10.4%, as well as the sustained performance of market activities with an evolving result of +91.6%.
The gross operating profit (RBE) is evolved from +147% to 1.5 billion dirhams.
The year 2024 ended with a net profit of 575.5 million dirhams, or a progression
Exceptional annual of +161%, as well as a net profit share of the group of 871.38 million dirhams corresponding to an evolution of +196%.
During this same session, the supervisory board also readjustments within the
Directory of Al Barid Bank which thus consists of:
-Mr. Al-Amine Nejjar, Chairman of the Management Board
– Mr. M’hamed El Moussaoui, Director General and Member of the Management Board
– Mr. Mohammed Kettani, Managing Director and Member of the Management Board
– Ms. Mounya Dinar, Deputy Managing Director and member of the Management Board in charge of the pole
Capital, finance and management control markets,
– Mr. Abderrahmane Benhayoun Sadafyne, Deputy Managing Director and Member
of the Management Board in charge of the Commercial Bank.
Thus, strengthening the governance and performance of the Al Barid Bank group reinforces the
trajectory of execution of its strategic plan launched in 2024 by ensuring an agile organization, in
Reinforcing its financial solidity to provide innovative solutions to its different categories of customers as well as by deploying new activities to diversify its sources of income, while continuing to ensure its civic bank missions for all Moroccans.
