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:
FBN Holdings PLC
sales of 597.76 billion Naira [US$1.95 billion]
of which 90%
was Commercial Banking Group),
Ecobank Transnational Incorporated SA
(765.80 billion Naira [US$2.50 billion]
of which 21%
was Corporate & Investment Bank), and
Zenith Bank Plc
based in Nigeria
(736.73 billion Naira [US$2.41 billion]
of which 93%
was Nigeria-Corporate, retail and pensions c).
During the year ended December of 2017, sales at
Banque Marocaine du Commerce Exterieur were 19.40 billion Moroccan Dirhams (US$2.06 billion).
a very small
increase of 1.2%
versus 2016, when the company's sales were 19.18 billion Moroccan Dirhams.
This was the fifth consecutive year of sales increases at Banque Marocaine du Commerce Exterieur
(and since 2012, sales have increased a total of 37%).
Sales of International Activities saw an increase
that was more than double the company's growth rate: sales were up
4.2% in 2017, from
6.14 billion Moroccan Dirhams to 6.40 billion Moroccan Dirhams.
Banque Marocaine du Commerce Exterieur also saw significant increases in sales in
Bank Morocco (up 3.2% to 5.70 billion Moroccan Dirhams)
Other Activities (up 3.0% to 146.95 million Moroccan Dirhams)
Not all segments of Banque Marocaine du Commerce Exterieur experienced an increase in sales in 2017:
sales of Management Services fell 7.5% to 364.29 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
Specialist Financial Services (down 4.1% to 752.92 million Moroccan Dirhams)