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Bank of Africa’s Consolidated Net Banking Income Tops 20 Billion Dirhams in 2025
Bank of Africa released its Q4 2025 figures, showing a robust 13.5 % rise in net banking income in Morocco and a 9 % increase at the group level, pushing the consolidated product to 20.4 billion dirhams. Credit portfolios and customer deposits also grew strongly, while the bank successfully placed a 1‑billion‑dirham perpetual subordinated bond and earned market‑maker status on the Moroccan futures market. The institution was again named Morocco’s Bank of the Year 2025 by The Banker and collected several digital‑experience and ISO certifications.
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Key Financial Highlights
Bank of Africa reported a double‑digit increase in its Net Banking Product (NBP) in Morocco for Q4 2025, up 13.5 % year‑on‑year, driven by higher interest‑margin earnings and fee income. At the group level, the consolidated NBP rose 9 % to reach 20.4 billion dirhams.
Credit and Deposit Growth
- Domestic credit to customers grew by 7 %, reaching 135.6 billion dirhams.
- Consolidated credit portfolio expanded by 5 % to 215 billion dirhams, indicating a healthy commercial‑lending momentum.
- Customer deposits in Morocco increased by 8.1 %, amounting to 175 billion dirhams.
- Group‑wide deposits rose 7.3 % to 275.3 billion dirhams.
Bond Issuance Success
In December 2025, Bank of Africa successfully issued a perpetual subordinated bond with loss‑absorption features amounting to 1 billion dirhams. The issue was oversubscribed by a factor of 10.88×. Combined with an earlier tranche, total bond issuance for 2025 reached 2 billion dirhams.
Strategic Achievements
- January 2026: Received the “Negotiator‑Compensator” license for the Moroccan futures market, strengthening its market‑making capabilities.
- Renewed ISO 21001 certification for BOA Academy, confirming the robustness of its training programmes.
Recent Awards
- Named “Morocco’s Bank of the Year 2025” by The Banker (Financial Times Group) – second consecutive year and 11th time since 2000.
- Winner of the 2026 “Fix the Future Digital CX Awards” merit trophy for outstanding digital client experience.