last trade: 205.50 MAD (20 July 2017) 0.50
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Fitch Ratings says in a new report that Moroccan banks' profitability is under pressure from a lack of growth in Morocco and still high loan impairment charges.Reuters News - 05-Sep-2016
(The following statement was released by the rating agency)LONDON, July 13 (Fitch) Fitch Ratings has affirmed Morocco-based BMCE Bank&aposs (BMCE) Long-Term Foreign Currency Issuer Default Rating (IDR) at &aposBB+&apos, Long-Term Local Currency IDR at &aposBBB-&apos, National Long-Term Rating at &aposAA-(mar)&apos, Viability Rating (VR) at &aposb+&apos and Support Rating (SR) at &apos3&apos. The OReuters News - 13-Jul-2016
Moroccan lender BMCE Bank of Africa's net profit rose 1 percent to MAD1.95 billion (USD201.76 million) in 2015.Reuters News - 28-Mar-2016
Morocco's BMCE Bank of Africa said its net profit rose 1 percent to 1.95 billion dirham ($201.76 million) in 2015.Reuters News - 28-Mar-2016
CASABLANCA, Morocco, February 18, 2016/ The BMCE Group Bank of Africa announces the second edition of the African Entrepreneurship Award (https://AfricanEntrepreneurshipAward.com) set to kick off on Monday, February 15.The African Entrepreneurship Award, initiated by its President Othman Benjelloun, shows BMCE Bank of Africa's ambition to foster entrepreneurship in Africa by rewarding talents andPress Release - 18-Feb-2016
The doubts that OPEC can maintain its supply-cut deal are turning into a certainty.
Despite Trump's withdrawal, business groups have identified significant benefits from the climate change accord.