Bank of Africa Surpasses 20 Billion Dirhams in Consolidated Net Banking Income by 2025
Strong Growth in Net Banking Income
Bank of Africa has reported a remarkable 13.5% increase in its net banking income in Morocco, driven by a robust performance in both interest margins and commissions, as well as strong market activity during the fourth quarter of 2025.
The consolidated net banking income for the group also saw a positive growth of 9%, reaching 20.4 billion dirhams.
Customer Loans and Deposits on the Rise
The bank's customer loans grew by nearly 7%, totaling 135.6 billion dirhams, while consolidated customer loans increased by approximately 5%, amounting to 215 billion dirhams. This growth reflects a dynamic commercial activity.
Customer deposits in Morocco also experienced a positive trend, rising by 8.1% to reach 175 billion dirhams, with consolidated customer deposits increasing by 7.3% to 275.3 billion dirhams.
Successful Bond Issuance and Market Positioning
In December 2025, Bank of Africa successfully issued a perpetual subordinated bond with a loss absorption mechanism, raising 1 billion dirhams and achieving a subscription rate of 10.88 times. This issuance is part of a total of 2 billion dirhams raised through two bond issues in 2025.
In January 2026, the bank received approval as a Compensatory Trader in the Moroccan futures market, further solidifying its position in market activities.
Industry Recognition and Awards
For the second consecutive year and the eleventh time since 2000, Bank of Africa was honored as 'Morocco’s Bank of the Year 2025' by the esteemed Financial Times publication, The Banker.
Additionally, the bank received a merit trophy at the 2026 edition of the 'Fix the Future Digital CX Awards,' recognizing its ongoing efforts to enhance the digital experience for its clients.
Commitment to Excellence in Training
Bank of Africa Academy has successfully renewed its ISO 21001 certification, demonstrating the bank's commitment to maintaining strong fundamentals and providing training programs that align with executive requirements and international standards.
