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Impaired loans weigh on banks profitability in 2020
Moroccan banks’ impaired loans ratio surged to 8.6% to stand at a record 80 billion dirhams undermining Bank’s profits in 2020, the central bank said in its latest report. The rise of bad loans takes place at a context marked by the impact of the pandemic on economic activity in general and bank loans in […]
Mauritania: UN Calls for Direct Dialogue to End Political Impasse
The UN has called the Mauritanian regime and opposition to open direct talks in order to overcome the socio-political crisis, which has been gripping the country for many years, hindering the country’s development and economic growth. Both camps have been in finger-pointing game since 2009, year when Mohamed Ould Abdel Aziz was sworn in as […]
Casablanca stock exchange on the red over Covid-19 fears
The main index at Casablanca’s stock exchange suffered on February 9 the steepest single-day plunge in its history amid a similar trend in international bourses due to Coronavirus fears. Investors rushed to sell shares causing a 5.82% drop in Masi, Casablanca’s main index, which lost 11.2% of its value since the beginning of 2020. The […]



