News2025-12-04

Al Barid Bank: Net Income Increases by 70.3% by the End of September

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Al Barid Bank: Net Income Increases by 70.3% by the End of September
At the end of the first nine months of 2025, Al Barid Bank has shown strong growth in its key commercial and financial indicators. Customer deposits reached 79.5 billion dirhams, marking a 6.6% increase, with 37.9 billion dirhams in savings accounts. This reinforces the bank's leading position with a market share of 19.95%. Credit distribution, including real estate and consumer loans, increased by 47% by the end of September 2025, reflecting robust commercial activity aimed at financing the economy. The Net Banking Income (NBI) stands at 2.9 billion dirhams, representing an annual growth of 21.2%. This growth is supported by strong performance in its main components, including a 36.5% increase in the Result of Securities Operations (RSO), an 18.7% rise in the Net Interest Margin (NIM), and a 5.5% increase in Commission Income. The Bank's Net Income (NI) reached 853.3 million dirhams, reflecting a 70.3% increase compared to the end of September 2024. The Board praised these achievements, which confirm the effectiveness of Al Barid Bank's inclusive and citizen-focused model, driven by the ongoing commitment of its teams and partners. The Supervisory Board also acknowledged the decision of Mr. M’Hamed EL MOUSSAOUI, a member of the Executive Board and General Director, to retire. The Board members expressed their gratitude for his contributions to the development of Al Barid Bank throughout his career.

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Al Barid Bank: Net Income Increases by 70.3% by the End of September