Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Une baisse du PNB de 1,3% à M MAD 3 016,3 suite à la non-récurrence de l’effet exceptionnel généré en 2016 par la démutualisation de la Bourse de Casablanca ; Un recul de 2,4% du RBE à M MAD 1 430,2… …Et, une appréciation de 26,8% du RNPG à M MAD 547,1 suite à la baisse de 10,3% du coût du risque.
Un recul du PNB de 0,8% à MAD 1,5 Md suite au léger repli (-0,1%) de la marge d’intérêt à MAD 1,2 Md (représentant 78% du PNB); Une baisse de 40,3% du coût du risque à M MAD 197,7 suite à la diminution de 44,5% des pertes sur prêts et créances irrécouvrables provisionnées à M MAD 167,2… … induisant une amélioration de 34,1% du RNPG à M MAD 348,1; Et, des résultats 2017 attendus au beau fixe compte tenu de la non-récurrence de la charge payée au S2 2016 suite au dénouement d’un contrôle fisc...
Genesis BMCI was founded in 1943 by the BNCIA (BNP Paribas ancestor). The Bank is a pioneer in Morocco in several aspects and is strong by its ambition and by its reference partner. So, becoming the Moroccan subsidiary of the group Paribas BNP since 2000, the BMCI intends to walk on its parent company’s footsteps at all levels. Evolution In this context, the bank initiated in the early 90’s a series of changes and improvements, which can be summarized in 6 triennial phases: Aware of the...
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