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BMCE profits up 18% in H1-16

BMCE profits up 18% in H1-16
H1 Profits increased to MAD 1.25 billion - (Photo Credit: Arabianeye-Reuters)
Bank Of Africa
BOA
-1.54% 192.00 -3.00

Mubasher: Banque Marocaine du Commerce Exterieur (BMCE) recorded a 17.9% rise in net profits in the first half of 2016 according to a the bank’s statement.

Profits increased to MAD 1.25 billion ($15.2 million) from MAD 1.06 billion ($106.58 million) in the same period last year.