Stocks Market
Crédit du Maroc Finalizes MAD 699 Million Capital Raise, Over‑Subscribed at 127%
Crédit du Maroc announced the successful closure of its cash‑based capital increase, raising MAD 699.1 million. Investor demand reached MAD 884.6 million, resulting in a 127 % subscription rate. The issuance of 745,285 new shares was fully allotted, boosting the bank’s equity to MAD 1.163 billion and underscoring strong market confidence in its growth strategy.
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Capital increase completed
Key figures
- Amount raised: MAD 699.1 million
- Total investor demand: MAD 884.6 million
- Subscription rate: 127 %
- New shares issued: 745,285 at MAD 938 each (inclusive of premium)
The subscription period ran from 26 June to 16 July 2026, with a parity of five new shares for every 73 subscription rights.
Allocation details
Investors applied for 943,061 new shares, representing MAD 884.59 million. The final allocation matched the 745,285 shares offered, amounting to MAD 699.08 million.
Irrevocable subscriptions accounted for 95.3 % of the total, highlighting the robustness of the demand.
Impact on equity
Following the allocation, Crédit du Maroc’s share capital increased to MAD 1.163 billion. The total proceeds consist of MAD 74.53 million of nominal value and MAD 624.55 million of share‑premium.
The bank interprets the strong subscription as a clear sign of investor confidence in its fundamentals and future growth prospects.