Company: Crédit du Maroc
Country: Morocco
Sector: Regional Banks
CEO: Ali Benkirane
Website: https://www.creditdumaroc.ma
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Casablanca, Morocco
Founded: Not publicly listed
Valuation/Revenue: $945.3m market value (African Business Top 250, 2025); FY2025 net banking product of MAD 3.5bn (+8%) and consolidated net profit of MAD 864m (+16.5%) (Médias24/Le Desk, February 2026)
Crédit du Maroc is a mid-sized Moroccan commercial bank offering retail, corporate and investment banking services, listed on the Casablanca Stock Exchange and controlled by the Moroccan conglomerate Holmarcom since Crédit Agricole SA of France sold down its historical stake. Under a strategic plan dubbed “CDM Boost 2028,” the bank has been reporting accelerating profit growth heading into 2026.
What Does Crédit du Maroc Do?
Crédit du Maroc provides a full range of banking services to individuals, small and medium-sized enterprises and corporate clients in Morocco, including deposit accounts, consumer and mortgage lending, trade finance, treasury and corporate and investment banking. It operates through a dual governance structure typical of French-influenced Moroccan banks, with a Directoire (management board) handling day-to-day operations and a Conseil de Surveillance (supervisory board) providing oversight.
Is Crédit du Maroc Legit?
Yes. It is a long-established, publicly listed bank regulated by Bank Al-Maghrib, Morocco’s central bank, and it publishes regular audited financial results and AMMC-registered disclosures. It is a mainstream retail and corporate bank with a national branch network, not an informal or unregulated lender.
Who Owns Crédit du Maroc?
Crédit du Maroc is controlled by Holmarcom, a diversified Moroccan conglomerate with interests spanning insurance, finance, agribusiness and other sectors, following Holmarcom’s acquisition of the historical controlling stake previously held by France’s Crédit Agricole group. The remainder of the bank’s shares trade on the Casablanca Stock Exchange, held by Moroccan institutional and retail investors.
Who Is the CEO of Crédit du Maroc?
Ali Benkirane serves as Président du Directoire (President of the Management Board), effectively the bank’s chief executive, leading its “CDM Boost 2028” strategic plan, which targets MAD 4 billion in net banking product, MAD 1 billion in net profit and roughly 900,000 clients by 2028. Mohamed Hassan Bensalah chairs the supervisory board (Conseil de Surveillance), which oversees the bank’s strategic direction. Other management board members include Moncef Alaoui (commercial banking), Younes Lahlou (operations) and Ali Chorfi (corporate and investment banking).
How Big Is Crédit du Maroc?
According to African Business magazine’s Top 250 companies in Africa list for 2025, Crédit du Maroc carried a market value of roughly $945 million. For the 2025 financial year, the bank reported net banking product of MAD 3.5 billion, up 8% year-on-year, and consolidated net profit of MAD 864 million, up 16.5%, alongside 11% growth in lending activity and a declining cost of risk of MAD 383 million, according to Moroccan financial media coverage of its February 2026 results announcement.
What Has Crédit du Maroc Been in the News For Recently?
Crédit du Maroc’s 2025 results drew positive coverage in the Moroccan press for exceeding profit expectations and accelerating credit growth under Ali Benkirane’s leadership, with commentary describing 2025 as “the year of strategic maturity” for the bank and 2026 framed by management as “an acceleration year” focused on customer experience and operational efficiency rather than purely numerical targets, as the bank works toward its 2028 strategic goals.
Is Crédit du Maroc Publicly Traded?
Yes. Crédit du Maroc trades on the Casablanca Stock Exchange under the ticker CDM and is one of the exchange’s mid-cap banking stocks.
How Does Crédit du Maroc Compare to Its Competitors?
Crédit du Maroc is smaller than Morocco’s largest banking groups, Attijariwafa Bank, Banque Populaire and BMCE Bank of Africa, and competes more directly with other mid-sized and foreign-affiliated banks such as BMCI, Société Générale Maroc and CIH Bank for retail and SME customers. Its ownership by Holmarcom, rather than a large multinational bank, distinguishes it from peers like BMCI (BNP Paribas) and Société Générale Maroc, giving it a more distinctly Moroccan strategic orientation as it pursues its 2028 growth targets.
Links
Website: https://www.creditdumaroc.ma
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Crédit du Maroc legit? Yes, it is a Casablanca Stock Exchange-listed bank regulated by Bank Al-Maghrib.
Who owns Crédit du Maroc? Holmarcom, a Moroccan conglomerate, holds the controlling stake, having acquired it from France’s Crédit Agricole.
Who is the CEO of Crédit du Maroc? Ali Benkirane, Président du Directoire.
How big is Crédit du Maroc? Roughly $945 million in market value per African Business’s 2025 Top 250 ranking; 2025 net profit was MAD 864 million.
Where is Crédit du Maroc headquartered? Casablanca, Morocco.
Is Crédit du Maroc still owned by Crédit Agricole? No, Holmarcom, a Moroccan group, is now the controlling shareholder.