{"id":1,"date":"2025-07-03T09:02:57","date_gmt":"2025-07-03T09:02:57","guid":{"rendered":"https:\/\/guelmiminvest.ma\/?p=1"},"modified":"2025-12-22T11:02:55","modified_gmt":"2025-12-22T11:02:55","slug":"bank-al-maghrib-ameliore-son-resultat-net-a-plus-de-646-mmdh-en-2024","status":"publish","type":"post","link":"https:\/\/guelmiminvest.ma\/en\/bank-al-maghrib-ameliore-son-resultat-net-a-plus-de-646-mmdh-en-2024\/","title":{"rendered":"Bank Al-Maghrib improves its net income to over 6.46 billion dirhams in 2024"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"1\" class=\"elementor elementor-1\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a987aed e-flex e-con-boxed e-con e-parent\" data-id=\"a987aed\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d735129 elementor-shape-circle elementor-grid-1 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xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M549.655 124.083c-6.281-23.65-24.787-42.276-48.284-48.597C458.781 64 288 64 288 64S117.22 64 74.629 75.486c-23.497 6.322-42.003 24.947-48.284 48.597-11.412 42.867-11.412 132.305-11.412 132.305s0 89.438 11.412 132.305c6.281 23.65 24.787 41.5 48.284 47.821C117.22 448 288 448 288 448s170.78 0 213.371-11.486c23.497-6.321 42.003-24.171 48.284-47.821 11.412-42.867 11.412-132.305 11.412-132.305s0-89.438-11.412-132.305zm-317.51 213.508V175.185l142.739 81.205-142.739 81.201z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b38ee23 e-flex e-con-boxed e-con e-parent\" data-id=\"b38ee23\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-71e5477 e-con-full e-flex e-con e-child\" data-id=\"71e5477\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-7dd0b97 e-con-full e-flex e-con e-child\" data-id=\"7dd0b97\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9980cb0 elementor-widget elementor-widget-heading\" data-id=\"9980cb0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Bank Al-Maghrib improves its net income to over 6.46 billion dirhams in 2024<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20a6310 elementor-widget elementor-widget-text-editor\" data-id=\"20a6310\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tLocated at the gateway to the Moroccan Sahara, the Guelmim-Oued Noun region is distinguished by its natural wealth, cultural diversity, and strong potential for economic development. Here is an overview of the key data that define it:\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-18d5688 e-con-full e-flex e-con e-child\" data-id=\"18d5688\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f7287f5 elementor-widget elementor-widget-image\" data-id=\"f7287f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/guelmiminvest.ma\/wp-content\/uploads\/2025\/07\/ArgentBank-Al-Maghrib-ameliore-son-resultat-net-a-plus-de-646-MMDH-en-2024-1024x576.jpg\" class=\"attachment-large size-large wp-image-1970\" alt=\"\" srcset=\"https:\/\/guelmiminvest.ma\/wp-content\/uploads\/2025\/07\/ArgentBank-Al-Maghrib-ameliore-son-resultat-net-a-plus-de-646-MMDH-en-2024-1024x576.jpg 1024w, https:\/\/guelmiminvest.ma\/wp-content\/uploads\/2025\/07\/ArgentBank-Al-Maghrib-ameliore-son-resultat-net-a-plus-de-646-MMDH-en-2024-300x169.jpg 300w, https:\/\/guelmiminvest.ma\/wp-content\/uploads\/2025\/07\/ArgentBank-Al-Maghrib-ameliore-son-resultat-net-a-plus-de-646-MMDH-en-2024-768x432.jpg 768w, https:\/\/guelmiminvest.ma\/wp-content\/uploads\/2025\/07\/ArgentBank-Al-Maghrib-ameliore-son-resultat-net-a-plus-de-646-MMDH-en-2024.jpg 1216w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ea3a43c e-flex e-con-boxed e-con e-parent\" data-id=\"ea3a43c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-60d798a e-con-full e-flex e-con e-child\" data-id=\"60d798a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-c9f1468 e-con-full e-flex e-con e-child\" data-id=\"c9f1468\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b1d7f0f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b1d7f0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-edad12b elementor-widget elementor-widget-text-editor\" data-id=\"edad12b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">\u00ab&quot;At the end of the 2024 financial year, the Bank recorded a profit of 6.46 billion dirhams compared to 5.1 billion dirhams a year earlier,&quot; the Central Bank indicated in its annual report on the economic, monetary and financial situation for the 2024 financial year.<\/span><\/p>\n<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Furthermore, the result of foreign exchange reserve management operations reached 8.74 MMDH, up 17%, driven mainly by an improvement in bond income thanks to the increased remuneration of foreign currency assets.<\/span><\/p>\n<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">In addition, operations related to monetary policy generated a result of 3.95 billion dirhams, representing an increase of 271.3 trillion.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52044d9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"52044d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8fe82e2 elementor-widget elementor-widget-text-editor\" data-id=\"8fe82e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">This increase is explained by a rise in monetary interventions in response to a more pronounced bank liquidity deficit, despite the reduction of the key interest rate to 2.5% in 2024.<\/span><\/p>\n<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">On the other hand, the result of other operations remained stable at 1.27 billion dirhams, despite a decrease in commissions on foreign exchange and Treasury bill transactions, offset by the increase in sales of secure documents.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-162c619 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"162c619\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f97118 elementor-widget elementor-widget-text-editor\" data-id=\"1f97118\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">On the other hand, general operating expenses increased by 22%, reaching 2.54 MMDH, due in particular to increased operating expenses and higher depreciation allowances.<\/span><\/p>\n<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Despite this increase in expenses, the gross operating result thus increased by 17%, to 11.42 MMDH, demonstrating better overall profitability of the Bank thanks to its main activities.<\/span><\/p>\n<p class=\"cvGsUA direction-ltr align-start para-style-body\"><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Finally, the non-recurring result improved, with the loss falling from 997 MDH to 447 MDH, thanks to the settlement in 2024 of the social solidarity contribution due on the previous financial year.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Located at the gateway to the Moroccan Sahara, the Guelmim-Oued Noun region is distinguished by its natural wealth, cultural diversity, and strong potential for economic development. Here is an overview of the key data that define it:<\/p>","protected":false},"author":1,"featured_media":1970,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/posts\/1","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/comments?post=1"}],"version-history":[{"count":25,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/posts\/1\/revisions"}],"predecessor-version":[{"id":5177,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/posts\/1\/revisions\/5177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/media\/1970"}],"wp:attachment":[{"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/media?parent=1"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/categories?post=1"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/guelmiminvest.ma\/en\/wp-json\/wp\/v2\/tags?post=1"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}