maroc telecom

Maroc Telecom's stock performance: strong growth potential

Explore Maroc Telecom's recent stock performance and financial outlook, featuring an attractive dividend yield.

Equity december

CDM: Performance analysis and outlook

In-depth analysis of CDM's recent performance and strategic outlook, highlighting key growth drivers for the future.

Fixed income

Bank Al-Maghrib speeds up its key rate cut in 2025

Bank Al-Maghrib continues cutting its key rate to support growth despite inflation risks.

STRATEGY

Forecasts on Bank Al-Maghrib's Key Rate

March 2025 survey on financial investors' expectations regarding the evolution of Bank Al-Maghrib's Key Rate.

Listed companies

Listed companies: Accelerated growth in Q4-24

Listed companies show strong growth in Q4-24, with rising revenues and momentum driven by several key sectors.

CFG Bank

CFG Bank : Forecasts update 25E-26E

At the end of FY 2024, CFG Bank recorded operational achievements higher than our initial forecasts, particularly in terms of NBI and Cost to Income. 

research report en

Marsa Maroc : acceleration of growth thanks to Nador West Med

Marsa Maroc has just announced on February 18th 2025, a strategic partnership which marks a new stage in its development. This involves the signing of an agreement with Terminal Investment Limited (TIL), a subsidiary of the Mediterranean Shipping Company (MSC) Group, considered to be the leading shipowner worldwide.

equity2

CDM : Forecast update 24E-26E

Following our analysis of CDM's achievements at the end of September 2024, we have revisedupwards our forecasts for 2024E-2026E, compared to those communicated by Management inthe SPO last November.

Equity

Listed banks: Towards new all-time highs in 2025

In a resilient macroeconomic context, listed banks in Morocco confirm their solid growth profile, going from an AAGR of their Net Banking Income of 3.7% during the pre-Covid period(1) to 7.5% over 2023-2026E.