FINANCIAL MARKETS HEADLINES
| MAROC | EQDOM | Admissibility of the Takeover Bid on Eqdom shares
AMMC examined the Takeover Bid targeting Eqdom shares filed on December 6th 2024 at the initiative of Saham Finances acting in concert with Société Générale Marocaine de Banques (SGMB) and Investima. AMMC declares admissible the proposed project at a unit price of MAD 1,045. In this context, trading resumption of Eqdom stock is scheduled on February 11th 2025.
| CÔTE D’IVOIRE | SOCIÉTÉ GÉNÉRALE CI | Net income up 4% in 2024
In 2024, Société Générale CI's NBI stood at FCFA 263.2 Mn, up 3.9% year-on-year. Likewise, the bank's net income rose by 4.1% during the same period to FCFA 101.2 Mn.
ECONOMIC HEADLINES
| MOROCCO | LENDING LOANS | The weighted average rate down 13 BPS in Q4 2024
According to the results of Bank Al-Maghrib's survey on lending rates in Q4 2024, the overall weighted average rate stood at 5.08%, down 13 BPS compared to the previous quarter. In this context, rates fell by 8 BPS to 5.00% for treasury loans, by 27 BPS to 4.99% for equipment loans, by 22 BPS to 5.02% for mortgages loans and by 7 BPS to 6.99% for consumer loans.
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