RESEARCH PAPER EQUITY

Bank of Africa reaffirms its growth trajectory

Bank of Africa reports strong 2025 results, confirming its 2025–2027 growth trajectory and stock market potential.

RESEARCH PAPER EQUITY

CFG Bank: Performance beyond expectations

A closer look at CFG Bank’s 2025 performance, marked by solid growth, results above expectations and a strengthened profile.

RESEARCH PAPER EQUITY

CIH Bank surpasses 1 billion dirhams in net profit

CIH Bank surpasses 1 billion dirhams in net profit in 2025, confirms solid growth and maintains a Buy recommendation.

RESEARCH PAPER EQUITY

Sonatel: strong growth in financial results

In 2025, Sonatel delivered solid results, supported by sustained growth and a higher dividend, reinforcing the strong potential of its stock.

STRATEGY

Investors agree on an unchanged key interest rate

Near-unanimous consensus: investors expect the central bank rate to remain unchanged at BAM’s March 17 meeting.

MASI correction

MASI: what you need to know about the recent market correction

Analysis of the MASI and the factors behind its recent correction, with a focus on sectoral opportunities to capture.

FIXED INCOME

Eurobonds: Africa continues its growth momentum

In 2025, African Eurobonds are showing strong momentum driven by rising issuances, monetary easing, and improved credit ratings.

RESEARCH PAPER EQUITY

Attijariwafa bank exceeds MAD 10 billion in profits

Attijariwafa bank recorded a notable increase in profits in 2025, supported by strong lending momentum and effective risk management.

Listed banks

Listed banks: A strengthening virtuous cycle

Listed banks are strengthening their virtuous cycle thanks to credit growth, improved profitability, and enhanced asset quality.