Company Profile For Banque Marocaine du Commerce Exterieur SA

Banque Marocaine du Commerce Exterieur SA (BMCE.CS) (Casablanca Stock Exchange)

sector: Financials · industry: Banks ·

As of 3:56pm GMT

223.70MAD

Price Change

+1.35

Percent Change

+0.61%

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Overview

Banque Marocaine du Commerce Exterieur (BMCE) SA is Morocco-based bank. It operates both domestically and internationally through its network of branches. BMCE offers a range of financial, investment and insurance products and services to individuals, professionals and corporate clients, among others. BMCE has a number of subsidiaries, including wholly owned Maroc Factoring, BMCE International, BMCE Capital Bourse and Medicapital Bank.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Banque Marocaine du Commerce Exterieur SA's interest income increased 9% to MAD4.89B. Net interest income after loan loss provision decreased 7% to MAD1.79B. Net income decreased 3% to MAD453.4M. Interest income reflects an increase in performance across the Bank's activities. Net income was offset by increased commissions expense and decreased commissions income.

Company Address

Banque Marocaine du Commerce Exterieur SA
140 Avenue Hassan II
BP 13425
Casa Principale
Casablanca 20000
P: +21222.200492
F: +21222.264655

Total Employees

3538

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