Chairman’s Message

Titre degradé

Chairman

The inauguration of the Mohammed VI Tower by Crown Prince Moulay El Hassan on 13 April 2026 was a powerful demonstration of Morocco’s resolute focus on the future. 

Rising up proudly over the banks of the Bouregreg Valley, this remarkable piece of architecture is a testament to BANK OF AFRICA Group and its shareholders’ commitment to helping enhance the Kingdom’s stature. Standing 250 metres tall, the Mohammed VI Tower is a source of national pride. It cements Morocco’s status as a regional economic and cultural hub connecting Africa to the rest of the world. 

The results for the 2025 financial year confirmed that BANK OF AFRICA Group is on a solid growth trajectory. They also reaffirmed the wisdom of the strategic decisions made to focus on innovation, the digital transformation and the proactive integration of social and environmental issues – levers that will increase the Group’s resilience, competitiveness and capacity for anticipation over the long term. 

Consolidated Net Banking Income crossed the MAD 20 billion threshold for the first time, reaching MAD 20.3 billion at the end of 2025, for a year-on-year increase of +9%. The trend in Net Income Attributable to Shareholders of the Parent Company was also positive, ending the year up by +11% at MAD 3.8 billion. 

Consolidated Total Assets grew by +3.5% to MAD 438 billion during the year, buoyed by robust commercial momentum. 

These results are the fruit of a coherent, long-term strategy and a corporate culture based on a strong conviction that customers should be at the centre of all actions taken by the Group. This vision is underpinned by clear priorities: Africa, Impact Finance, the digital transformation, and human capital development. 

In keeping with these priorities, the Group continued to overhaul its relational model in 2025 to increase its proximity to customers, the quality of its services, and its operating efficiency. Ongoing efforts to modernise the distribution network, together with the complementary development of the physical and digital channels, are preparing the Group to better respond to the constantly evolving expectations of customers. 

True to its mission of supporting the all-around development of students and contributing to their social mobility through education, BANK OF AFRICA, working through the BMCE Bank Foundation for Education and the Environment, continued its actions in this area with the same high standards and determination. 

Ultimately, BANK OF AFRICA Group’s raison d’être is to promote economic, human and sustainable development in the Kingdom of Morocco and across the African continent while providing support to businesses, particularly SMEs, encouraging international trade and investment, and contributing to the success of its community of employees as well as its customers and stakeholders.