FINANCIAL MARKET HEADLINES
| MOROCCO | ALLIANCES | A profit of MAD 119 Mn in 2021
| MOROCCO | ADDOHA| A loss of MAD -88 Mn in 2021 Vs. MAD -744 Mn in 2020
| MOROCCO | ENNAKL AUTOMOBILES | Net income down 18% in 2021
| MOROCCO | PROMOPHARM | NIGS up 15% in 2021, DPS set at MAD 10
| MOROCCO | STROC | A loss of MAD -11 Mn in 2021 Vs. MAD -53 Mn in 2020
| MOROCCO | SRM | A loss of MAD -1 Mn in 2021
| MOROCCO | IB MAROC | A loss of MAD -23 Mn in 2021 Vs. MAD -16 Mn in 2020
ECONOMIC HEADLINES
| MOROCCO | BANKING LOANS | An increase of 3% at the end of February 2022
At the end of February 2022, the net outstanding bank loans increased by 3.3% year-on-year to reach MAD 962.9 Bn.
Mortgage loans (MAD 291.3 Bn), treasury loans (MAD 221.3 Bn) and consumer loans (MAD 55.9 ) show respective increases of 2.7%, 5.9% and 2.5%. Meanwhile, equipment loans recorded a decrease of -2.0% to MAD 174.9 Bn. Finally, non-performing loans stood at MAD 85.9 Bn, up 5.4%.
| MOROCCO | GDP | A growth rate of 6.6% in Q4 2021
According to the HCP, the growth rate of Moroccan economy settled at +6.6% in Q4 2021. This results from the increase of +18.9% in the crop activity and +5.6% in the non-crop activities.
| BENIN | INFLATION | Consumer prices up 2.5% y-o-y in February 2022
According to the National Institute of Statistics and Demography (NISD), Benin's Harmonized Consumer Price Index fell by 5.0% in February 2022 compared to the previous month. Year-on-year, the inflation rate stands at 2.5% below the community conver-gence threshold of 3.0% set by WAEMU.
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