🇲🇦 Casablanca Stock Exchange

Fitch Ratings has affirmed Bank of Africa's (BVC:BOA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB' with Stable Outlooks. Fitch has also affirmed BOA's Viability Rating (VR) at 'bb-' and National Long-Term Rating at 'AA-(mar)' with a Stable Outlook.

Fitch Ratings has affirmed Attijariwafa Bank's (AWB) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB' with a Stable Outlook. Fitch has also affirmed AWB's Viability Rating (VR) at 'bb' and upgraded the bank's National Long-Term Rating to 'AA(mar)' from 'AA-(mar)'.

Fitch Ratings has affirmed Morocco-based Banque Marocaine pour le Commerce et l'Industrie's (BVC:BMCI) National Long-Term Rating at 'AAA(mar)' with a Stable Outlook.

Moody's Investors Service ("Moody's") has today affirmed the Ba1 long-term deposit ratings of four Moroccan banks: Attijariwafa bank (AWB), Groupe Banque Centrale Populaire (GBCP), Bank of Africa - BMCE Group (BoA) and Credit du Maroc (CdM). Moody's has changed the outlook to negative from stable on the long-term deposit ratings of AWB and GBCP and, at the same time, maintained the negative outlook on the long-term deposit and issuer ratings of BoA and the stable outlook on the long-term deposit ratings of CdM.