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 645.94 billion Naira [US$2.12 billion]
Zenith Bank Plc
(507.76 billion Naira [US$1.67 billion]
FBN Holdings PLC
based in Nigeria
(583.01 billion Naira [US$1.91 billion]
of which 91%
was Commercial Banking Group).
During the year ended December of 2016, sales at
Banque Marocaine du Commerce Exterieur were 19.18 billion Moroccan Dirhams (US$2.01 billion).
increase of 9.6%
versus 2015, when the company's sales were 17.49 billion Moroccan Dirhams.
This was the fifth consecutive year of sales increases at Banque Marocaine du Commerce Exterieur
(and since 2011, sales have increased a total of 49%).
Sales of Specialist Financial Services saw an increase
that was more than double the company's growth rate: sales were up
21.9% in 2016, from
644.21 million Moroccan Dirhams to 784.99 million Moroccan Dirhams.
Banque Marocaine du Commerce Exterieur also saw significant increases in sales in
Bank Morocco (up 13.2% to 5.53 billion Moroccan Dirhams)
Management Services (up 14.4% to 393.86 million Moroccan Dirhams)
Not all segments of Banque Marocaine du Commerce Exterieur experienced an increase in sales in 2016:
sales of Other Activities fell 3.1% to 142.68 million Moroccan Dirhams.
(However, this segment's sales were only a very small portion of the company's overall sales).