Banque Marocaine du Commerce Exterieur operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Banque Marocaine du Commerce Exterieur with three other
banks in Africa:
Ecobank Transnational Inc
sales of 544.88 billion Naira [US$1.79 billion]
Banque Centrale Populaire
(20.62 billion Moroccan Dirhams [US$2.06 billion]
of which 61%
was Retail Banking Morocco), and
FBN Holdings PLC
based in Nigeria
(504.73 billion Naira [US$1.66 billion]
of which 92%
was Commercial Banking Group).
During the year ended December of 2015, sales at
Banque Marocaine du Commerce Exterieur were 17.49 billion Moroccan Dirhams (US$1.75 billion).
a very small
increase of 1.9%
versus 2014, when the company's sales were 17.17 billion Moroccan Dirhams.
This was the fourth straight year of sales growth at Banque Marocaine du Commerce Exterieur.
Sales of International Activities saw an increase
that was more than double the company's growth rate: sales were up
9.4% in 2015, from
5.30 billion Moroccan Dirhams to 5.80 billion Moroccan Dirhams.
Not all segments of Banque Marocaine du Commerce Exterieur experienced an increase in sales in 2015:
sales of Specialist Financial Services fell 13.4% to 644.21 million Moroccan Dirhams.
(However, this segment's sales were only a very small portion of the company's overall sales).
Banque Marocaine du Commerce Exterieur also experienced decreases in sales in
Bank Morocco (down 1.2% to 4.88 billion Moroccan Dirhams)
Management Services (down 2.1% to 344.37 million Moroccan Dirhams)
Other Activities (down 7.2% to 147.28 million Moroccan Dirhams)