Company: Crédit Immobilier et Hôtelier
Country: Morocco
Sector: Regional Banks
CEO: Lotfi Sekkat
Website: Not publicly listed
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Casablanca, Morocco
Founded: 1920
Valuation/Revenue: $492.1m revenue; $1,106.4m market value (African Business Top 250, 2025)
Crédit Immobilier et Hôtelier, commercially known as CIH Bank, is a Moroccan universal bank that originated as a specialist real estate and hospitality-sector lender before transforming into a full-service retail and corporate bank. Majority owned by Morocco’s state-linked institutional investment fund Caisse de Dépôt et de Gestion (CDG), it is listed on the Casablanca Stock Exchange and has positioned itself as one of Morocco’s more digitally forward banking brands.
What Does CIH Bank Do?
CIH Bank offers retail banking (savings, current accounts, consumer and mortgage lending), SME and corporate financing, and continues to hold particular expertise and market share in real estate and hospitality-sector financing, its historical specialism dating back over a century. In recent years it has invested significantly in digital banking capabilities, including a 2022 digital payment services partnership, to compete more directly with Morocco’s larger universal banks.
Is CIH Bank Legit?
Yes. CIH Bank traces its origins to 1920 as the Caisse de prêts immobiliers du Maroc, making it one of Morocco’s oldest financial institutions, and it is listed on the Casablanca Stock Exchange and regulated by Bank Al-Maghrib, Morocco’s central bank. It is a fully licensed universal bank, not a niche or informal lender, despite its specialist real-estate heritage.
Who Owns CIH Bank?
CIH Bank is majority controlled by Caisse de Dépôt et de Gestion (CDG), Morocco’s state-backed institutional investment and pension fund manager, which holds roughly 67.5% of the bank’s capital, primarily through its Massira Capital holding vehicle (about 55.7%). The remaining shares are split between the free float on the Casablanca Stock Exchange (around 16.4%), Moroccan conglomerate Holmarcom Group (about 11.7%) and pension fund RCAR (about 5.2%), giving CIH a governance structure closely tied to Moroccan state financial institutions.
How Big Is CIH Bank?
According to African Business magazine’s Top 250 companies in Africa list for 2025, CIH Bank generated revenue of approximately $492 million against a market value of roughly $1.1 billion, ranking 156th among Africa’s largest companies. Its historical strength in real estate and hospitality lending has made it a closely watched proxy for Moroccan property market conditions and tourism-sector investment activity, both areas that have seen significant government-backed development in recent years.
Who Is the CEO of CIH Bank?
Lotfi Sekkat has led CIH Bank as Président du Directoire (chief executive) since 2019, succeeding long-serving predecessor Ahmed Rahhou, who departed in June 2019 after a decade at the helm. Sekkat has overseen the bank’s continued digital transformation push and its positioning within CDG’s broader financial services holdings.
Is CIH Bank Publicly Traded?
Yes. CIH Bank trades on the Casablanca Stock Exchange, though CDG’s roughly two-thirds controlling stake means free-float liquidity is more limited than for some fully independent Moroccan bank stocks.
What Has CIH Bank Been in the News For Recently?
CIH Bank has been part of broader Moroccan banking-sector coverage of digital transformation initiatives, including expanded mobile and online banking services aimed at younger, tech-savvy customers, as well as continued financing activity tied to Morocco’s tourism and hospitality infrastructure build-out ahead of the 2030 FIFA World Cup, an area where CIH’s historical hospitality-lending specialism gives it a natural role.
Links
Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is CIH Bank legit? Yes, it is a Bank Al-Maghrib-regulated, Casablanca Stock Exchange-listed universal bank with roots dating to 1920.
Who owns CIH Bank? Caisse de Dépôt et de Gestion (CDG), Morocco’s state-backed investment fund, holds roughly 67.5% via its Massira Capital vehicle.
Who is the CEO of CIH Bank? Lotfi Sekkat, Président du Directoire since 2019.
How big is CIH Bank? Revenue of about $492 million and market value near $1.1 billion per African Business’s 2025 Top 250 ranking.
What was CIH Bank originally known as? Caisse de prêts immobiliers du Maroc, founded in 1920 to finance real estate.
Where is CIH Bank headquartered? Casablanca, Morocco.