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Bank of Africa
On this page
Company details
- Legal name
- Bank of Africa - BMCE Group
- Listing
- BOA on the Bourse de Casablanca, active · ISIN MA0000012437 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · summary financial statements, final status not established · source
Read with these figures
- Auditor's report on the full statements, year to 2025-12-31: modified opinion (not a report on this summary). ATTESTATION D'EXAMEN LIMITE DES COMMISSAIRES AUX COMPTES SUR LA SITUATION PROVISOIRE DES COMPTES CONSOLIDES AU 31 DECEMBRE 2025: the conclusion is given 'sous réserve de l’incidence de la situation décrite ci-dessus', namely that BANK OF AFRICA S.A holds non-operating real estate acquired through foreclosure ('actifs immobiliers hors exploitation, acquis par voie de dations') totalling 1 milliard de dirhams, whose realisable values are uncertain (Fidaroc Grant Thornton, Faïçal Mekouar; BDO, Amine Baakili; Casablanca, 27 mars 2026; PDF p9); this is a limited-review conclusion with a reservation on the provisional consolidated situation printed in this publication, not an audit opinion — the auditors state 'nous n’exprimons donc pas d’opinion d’audit' — and no auditor's report on the full statements is reprinted
- Summary financial statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources
Auditor's report on the full statements, year to 2025-12-31: modified opinion (not a report on this summary)
ATTESTATION D'EXAMEN LIMITE DES COMMISSAIRES AUX COMPTES SUR LA SITUATION PROVISOIRE DES COMPTES CONSOLIDES AU 31 DECEMBRE 2025: the conclusion is given 'sous réserve de l’incidence de la situation décrite ci-dessus', namely that BANK OF AFRICA S.A holds non-operating real estate acquired through foreclosure ('actifs immobiliers hors exploitation, acquis par voie de dations') totalling 1 milliard de dirhams, whose realisable values are uncertain (Fidaroc Grant Thornton, Faïçal Mekouar; BDO, Amine Baakili; Casablanca, 27 mars 2026; PDF p9); this is a limited-review conclusion with a reservation on the provisional consolidated situation printed in this publication, not an audit opinion — the auditors state 'nous n’exprimons donc pas d’opinion d’audit' — and no auditor's report on the full statements is reprinted
Source: BANK OF AFRICA — États financiers consolidés en normes IFRS au 31 décembre 2025 (communication financière, résultats annuels 2025) (dated 2026-03-27)
Summary financial statements for 2025: final status not established
Published by the issuer through the Casablanca exchange. The commissaires aux comptes (Fidaroc Grant Thornton, Faïçal Mekouar; BDO, Amine Baakili) printed a limited-review attestation ('attestation d'examen limité') on the consolidated 'situation provisoire' at 31 December 2025, dated 'Casablanca, le 27 mars 2026' and signed with stamps (PDF p9, page image). It states that no audit was performed and no audit opinion is expressed, and its conclusion is given 'sous réserve' of a matter. No audit report is in the document. The board met on 27 March 2026 and 'arrêté les comptes' (p1).
Source: BANK OF AFRICA — États financiers consolidés en normes IFRS au 31 décembre 2025 (communication financière, résultats annuels 2025) (dated 2026-03-27)
2025, 2024: figures from a published summary
These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. Results communication with the consolidated IFRS statements; 'La brochure des états financiers annuels 2025 aux normes IAS/IFRS et notes annexes est publiée sur le site www.ir-bankofafrica.ma' (p1); the auditors describe the statements as the 'situation provisoire' of the consolidated accounts (p9). No auditor's report on the summary is printed. A limited-review attestation of the commissaires aux comptes on the consolidated provisional situation is printed (p9): 'Nous n'avons pas effectué un audit et, en conséquence, nous n'exprimons donc pas d'opinion d'audit.' Conclusion: 'Sur la base de notre examen limité, et sous réserve de l'incidence de la situation décrite ci-dessus, nous n'avons pas relevé de faits qui nous laissent penser que les états consolidés, ci-joints, ne donnent pas une image fidèle ...' (p9), Casablanca, 27 March 2026, signed. The company statements carry their own limited-review attestation (p14). Consolidated bilan, compte de résultat and état du résultat net et des gains et pertes comptabilisés directement en capitaux propres (p9), statement of changes in equity and tableau des flux de trésorerie (p10), with an extract of the accounting principles (pp4-8) and extracts of notes (pp10-12). Complete line-by-line statements; the notes are extracts; no EPS is printed. The full brochure is said to be on the issuer's website (p1).
Source: BANK OF AFRICA — États financiers consolidés en normes IFRS au 31 décembre 2025 (communication financière, résultats annuels 2025) (dated 2026-03-27)
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Net interest income
MAD 14.3 billion
14,322,972 MAD thousands · p9
+8.6% vs 2024
Interest income less interest expense, as printed.
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PRODUIT NET BANCAIRE
MAD 20.3 billion
20,338,747 MAD thousands · p9
+8.7% vs 2024
The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.
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Profit / (loss) for the year
MAD 5.51 billion
5,514,079 MAD thousands · p9
+10.8% vs 2024
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Total assets
MAD 438 billion
437,677,787 MAD thousands · p9
+3.4% vs 2024
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Customer deposits
MAD 276 billion
275,841,273 MAD thousands · p9
+7.1% vs 2024
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Total equity
MAD 40.4 billion
40,426,437 MAD thousands · p9
+9.8% vs 2024
Large amounts are rounded for reading (MAD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MAD thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — summary financial statements (summary), final status not established; reported for the year · source
- FY2024 — summary financial statements (summary), final status not established; comparative in the FY2025 filing · source
- 2025, 2024: figures from a published summary. These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. Results communication with the consolidated IFRS statements; 'La brochure des états financiers annuels 2025 aux normes IAS/IFRS et notes annexes est publiée sur le site www.ir-bankofafrica.ma' (p1); the auditors describe the statements as the 'situation provisoire' of the consolidated accounts (p9). No auditor's report on the summary is printed. A limited-review attestation of the commissaires aux comptes on the consolidated provisional situation is printed (p9): 'Nous n'avons pas effectué un audit et, en conséquence, nous n'exprimons donc pas d'opinion d'audit.' Conclusion: 'Sur la base de notre examen limité, et sous réserve de l'incidence de la situation décrite ci-dessus, nous n'avons pas relevé de faits qui nous laissent penser que les états consolidés, ci-joints, ne donnent pas une image fidèle ...' (p9), Casablanca, 27 March 2026, signed. The company statements carry their own limited-review attestation (p14). Consolidated bilan, compte de résultat and état du résultat net et des gains et pertes comptabilisés directement en capitaux propres (p9), statement of changes in equity and tableau des flux de trésorerie (p10), with an extract of the accounting principles (pp4-8) and extracts of notes (pp10-12). Complete line-by-line statements; the notes are extracts; no EPS is printed. The full brochure is said to be on the issuer's website (p1).
Income statement
| Line (as printed) | FY2025Summary financial statements (summary)reported for the year | FY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Intérêts et produits assimilés | 20,931,865 | 20,367,886 |
| Intérêts et charges assimilées | (6,608,893) | (7,184,574) |
| MARGE D'INTÉRÊT | 14,322,972 | 13,183,312 |
| Commissions perçues | 5,053,713 | 4,766,379 |
| Commissions servies | (872,118) | (850,427) |
| MARGE SUR COMMISSIONS | 4,181,595 | 3,915,952 |
| Gains ou pertes nets sur instruments à la juste valeurs par résultat1 | 1,010,858 | 827,800 |
| Gains ou pertes nets des instruments financiers à la JV par capitaux propres2 | 265,672 | 234,465 |
| Produit net des autres activités3 | 1,201,504 | 1,091,930 |
| Charges des autres activités4 | (643,854) | (536,885) |
| PRODUIT NET BANCAIRE | 20,338,747 | 18,716,574 |
| Charges générales d'exploitation | (8,233,620) | (7,760,566) |
| incorporelles et corporelles5 | (1,071,889) | (929,472) |
| RÉSULTAT BRUT D'EXPLOITATION | 11,033,238 | 10,026,536 |
| Coût du risque | (3,287,621) | (3,177,600) |
| RÉSULTAT D'EXPLOITATION | 7,745,617 | 6,848,936 |
| Quote-part du résultat net des entreprises mises en équivalence | 156,671 | 141,150 |
| Gains ou pertes nets sur autres actifs6 | (230) | (9,809) |
| RÉSULTAT AVANT IMPÔT | 7,902,059 | 6,980,277 |
| Impôt sur les résultats | (2,387,980) | (2,004,171) |
| RÉSULTAT NET | 5,514,079 | 4,976,106 |
| Résultat Hors-groupe7 | 1,700,527 | 1,548,686 |
| reclassés ultérieurement en résultat8 | 142,814 | (418,251) |
| Écarts de conversion9 | 142,814 | (418,251) |
| reclassés ultérieurement en résultat10 | (92,718) | 159,917 |
| Eléments évalués à la juste valeur par capitaux propres non recyclables11 | (92,718) | 159,917 |
| Total des gains et pertes comptabilisés directement en capitaux propres | 50,096 | (258,334) |
| Résultat net et gains et pertes comptabilisés directement en capitaux propres | 5,564,175 | 4,717,772 |
Notes and alternative reported figures (11)
- “Gains ou pertes nets sur instruments à la juste valeurs par résultat” is an issuer-specific line, not mapped to a shared definition: Net gains on financial instruments at fair value through profit or loss.
- “Gains ou pertes nets des instruments financiers à la JV par capitaux propres” is an issuer-specific line, not mapped to a shared definition: Net gains on financial instruments at fair value through OCI.
- “Produit net des autres activités” is an issuer-specific line, not mapped to a shared definition: Income from other activities.
- “Charges des autres activités” is an issuer-specific line, not mapped to a shared definition: Charges of other activities (printed negative).
- “incorporelles et corporelles” is an issuer-specific line, not mapped to a shared definition: Depreciation, amortisation and impairment of fixed assets (printed negative).
- “Gains ou pertes nets sur autres actifs” is an issuer-specific line, not mapped to a shared definition: Net gains or losses on other assets.
- “Résultat Hors-groupe” is an issuer-specific line, not mapped to a shared definition: Share of the consolidated result attributable to minority interests.
- “reclassés ultérieurement en résultat” is an issuer-specific line, not mapped to a shared definition: OCI, recyclable.
- “Écarts de conversion” is an issuer-specific line, not mapped to a shared definition: OCI: currency translation differences (recyclable).
- “reclassés ultérieurement en résultat” is an issuer-specific line, not mapped to a shared definition: OCI, not recyclable.
- “Eléments évalués à la juste valeur par capitaux propres non recyclables” is an issuer-specific line, not mapped to a shared definition: OCI: equity instruments at fair value (not recyclable).
Balance sheet
| Line (as printed) | FY2025Summary financial statements (summary)reported for the year | FY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Valeurs en caisse, Banques Centrales, Trésor public, Service des chèques postaux | 24,108,086 | 21,190,824 |
| - Actifs financiers détenus à des fins de transactions1 | 57,781,980 | 58,960,670 |
| - Autres actifs financiers à la juste valeur par résultat2 | 2,468,478 | 1,720,743 |
| - Instruments de dettes comptabilisés à la juste valeur par capitaux propres recyclables | 779,247 | 713,984 |
| par capitaux propres non recyclables3 | 7,179,503 | 6,949,970 |
| Titres au coût amorti | 46,514,657 | 44,929,732 |
| Prêts et créances sur les établissements de crédit et assimilés, au coût amorti | 34,836,085 | 35,151,660 |
| Prêts et créances sur la clientèle, au coût amorti | 230,849,356 | 225,617,043 |
| Actif d'impôt exigible | 1,759,973 | 1,406,755 |
| Actif d'impôt différé | 2,669,784 | 2,610,179 |
| Comptes de régularisation et autres actifs | 12,462,536 | 8,395,221 |
| Participations dans les entreprises mises en équivalence | 1,085,358 | 1,008,702 |
| Immeubles de placement | 3,113,599 | 3,314,403 |
| Immobilisations corporelles | 9,294,030 | 8,693,686 |
| Immobilisations incorporelles | 1,757,020 | 1,597,149 |
| Ecart d'acquisition4 | 1,018,097 | 1,018,097 |
| TOTAL ACTIF IFRS | 437,677,787 | 423,278,818 |
| Titres de créance émis5 | 12,333,680 | 11,723,938 |
| Dettes envers les établissements de crédit et assimilés | 71,016,843 | 80,247,308 |
| Dettes envers la clientèle | 275,841,273 | 257,627,725 |
| Passif d'impôt courant | 2,423,616 | 2,036,293 |
| Passif d'impôt différé | 1,292,471 | 1,226,720 |
| Comptes de régularisation et autres passifs | 20,066,350 | 19,579,349 |
| Provisions pour risques et charges | 2,188,574 | 1,876,793 |
| Dettes subordonnées6 | 12,088,543 | 12,145,994 |
| TOTAL DETTES | 397,251,350 | 386,464,120 |
| Capital et réservers liées7 | 22,177,528 | 21,375,867 |
| - Part du groupe8 | 4,930,178 | 3,449,115 |
| - Part des minoritaires9 | 6,428,490 | 5,642,190 |
| - Part du groupe10 | 873,102 | 877,045 |
| - Part des minoritaires11 | 503,060 | 494,375 |
| - Part du groupe12 | 3,813,552 | 3,427,420 |
| - Part des minoritaires13 | 1,700,527 | 1,548,686 |
| TOTAL CAPITAUX PROPRES CONSOLIDES | 40,426,437 | 36,814,698 |
| TOTAL PASSIF IFRS | 437,677,787 | 423,278,818 |
Notes and alternative reported figures (13)
- “- Actifs financiers détenus à des fins de transactions” is an issuer-specific line, not mapped to a shared definition: Held-for-trading financial assets (within financial assets at fair value through profit or loss).
- “- Autres actifs financiers à la juste valeur par résultat” is an issuer-specific line, not mapped to a shared definition: Other financial assets at fair value through profit or loss.
- “par capitaux propres non recyclables” is an issuer-specific line, not mapped to a shared definition: Equity instruments at fair value through OCI (not recyclable).
- “Ecart d'acquisition” is an issuer-specific line, not mapped to a shared definition: Goodwill.
- “Titres de créance émis” is an issuer-specific line, not mapped to a shared definition: Debt securities issued.
- “Dettes subordonnées” is an issuer-specific line, not mapped to a shared definition: Subordinated debt.
- “Capital et réservers liées” is an issuer-specific line, not mapped to a shared definition: Share capital and capital-related reserves.
- “- Part du groupe” is an issuer-specific line, not mapped to a shared definition: Consolidated reserves, group share.
- “- Part des minoritaires” is an issuer-specific line, not mapped to a shared definition: Consolidated reserves, minority share.
- “- Part du groupe” is an issuer-specific line, not mapped to a shared definition: Accumulated OCI, group share.
- “- Part des minoritaires” is an issuer-specific line, not mapped to a shared definition: Accumulated OCI, minority share.
- “- Part du groupe” is an issuer-specific line, not mapped to a shared definition: The year's result within equity, group share.
- “- Part des minoritaires” is an issuer-specific line, not mapped to a shared definition: The year's result within equity, minority share.
Cash flow
| Line (as printed) | FY2025Summary financial statements (summary)reported for the year | FY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Résultat avant impôts1 | 7,902,058 | 6,980,278 |
| +/- Dotations nettes aux amortissements des immobilisations corporelles et incorporelles2 | 893,206 | 726,092 |
| +/- Dotations nettes pour dépréciation des écarts d’acquisition et des autres immobilisations3 | –4 | –4 |
| +/- Dotations nettes pour dépréciation des actifs financiers5 | (129,747) | 77,635 |
| +/- Dotations nettes aux provisions6 | 2,629,533 | 2,228,797 |
| +/- Quote-part de résultat liée aux sociétés mises en équivalence7 | (156,671) | (140,597) |
| +/- Perte nette/(gain net) des activités d’investissement8 | (574,252) | 378,610 |
| +/- Perte nette/(gain net) des activités de financement9 | –4 | –4 |
| +/- Autres mouvements10 | 43,068 | (651,345) |
| Total des éléments non monétaires inclus dans le résultat net avant impôts et des autres ajustements11 | 2,705,137 | 2,619,192 |
| +/- Flux liés aux opérations avec les établissements de crédit et assimilés12 | (16,863,997) | 85,537 |
| +/- Flux liés aux opérations avec la clientèle13 | 9,250,417 | 841,616 |
| +/- Flux liés aux autres opérations affectant des actifs ou passifs financiers14 | 1,577,509 | (4,460,297) |
| +/- Flux liés aux autres opérations affectant des actifs ou passifs non financiers15 | (2,403,426) | 2,797,787 |
| - Impôts versés | (2,262,578) | (1,855,381) |
| Diminution/(augmentation) nette des actifs et des passifs provenant des activités opérationnelles16 | (10,702,075) | (2,590,738) |
| Flux net de trésorerie généré par l’activité opérationnelle | (94,879) | 7,008,732 |
| +/- Flux liés aux Actifs financiers à la juste valeur par capitaux propres17 | 139,255 | (58,700) |
| +/- Flux liés aux immeubles de placement18 | 4,529 | (2,352) |
| +/- Flux liés aux immobilisations corporelles et incorporelles19 | (2,230,281) | (1,001,711) |
| Flux net de trésorerie lié aux opérations d’investissement | (2,086,497) | (1,062,763) |
| +/- Flux de trésorerie provenant ou à destination des actionnaires20 | (2,729,673) | (1,928,905) |
| +/- Autres flux de trésorerie nets provenant des activités de financement21 | (861,194) | 1,373,517 |
| Flux net de trésorerie lié aux opérations de financement | (3,590,867) | (555,388) |
| Effet de la variation des taux de change sur la trésorerie et équivalent de trésorerie | 123,147 | (384,634) |
| Augmentation/(diminution) nette de la trésorerie et des équivalents de trésorerie | (5,649,096) | 5,005,947 |
| Trésorerie et équivalents de trésorerie à l’ouverture | 24,023,722 | 19,017,775 |
| Trésorerie et équivalents de trésorerie à la clôture | 18,374,626 | 24,023,722 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.native.co_h1d47vsvgrts.cf_non_cash_items.
Notes and alternative reported figures (20)
- “Résultat avant impôts” is an issuer-specific line, not mapped to a shared definition: Profit before tax at the head of the cash-flow statement (7 902 058; the income statement prints 7 902 059).
- “+/- Dotations nettes aux amortissements des immobilisations corporelles et incorporelles” is an issuer-specific line, not mapped to a shared definition: Non-cash item.
- “+/- Dotations nettes pour dépréciation des écarts d’acquisition et des autres immobilisations” is an issuer-specific line, not mapped to a shared definition: Non-cash item (dashes).
- “+/- Dotations nettes pour dépréciation des actifs financiers” is an issuer-specific line, not mapped to a shared definition: Non-cash item.
- “+/- Dotations nettes aux provisions” is an issuer-specific line, not mapped to a shared definition: Non-cash item.
- “+/- Quote-part de résultat liée aux sociétés mises en équivalence” is an issuer-specific line, not mapped to a shared definition: Non-cash item.
- “+/- Perte nette/(gain net) des activités d’investissement” is an issuer-specific line, not mapped to a shared definition: Non-cash item.
- “+/- Perte nette/(gain net) des activités de financement” is an issuer-specific line, not mapped to a shared definition: Non-cash item (dashes).
- “+/- Autres mouvements” is an issuer-specific line, not mapped to a shared definition: Non-cash item.
- “Total des éléments non monétaires inclus dans le résultat net avant impôts et des autres ajustements” is an issuer-specific line, not mapped to a shared definition: Non-cash items and other adjustments.
- “+/- Flux liés aux opérations avec les établissements de crédit et assimilés” is an issuer-specific line, not mapped to a shared definition: Operating.
- “+/- Flux liés aux opérations avec la clientèle” is an issuer-specific line, not mapped to a shared definition: Operating.
- “+/- Flux liés aux autres opérations affectant des actifs ou passifs financiers” is an issuer-specific line, not mapped to a shared definition: Operating.
- “+/- Flux liés aux autres opérations affectant des actifs ou passifs non financiers” is an issuer-specific line, not mapped to a shared definition: Operating.
- “Diminution/(augmentation) nette des actifs et des passifs provenant des activités opérationnelles” is an issuer-specific line, not mapped to a shared definition: Net change in operating assets and liabilities, after income tax paid.
- “+/- Flux liés aux Actifs financiers à la juste valeur par capitaux propres” is an issuer-specific line, not mapped to a shared definition: Investing.
- “+/- Flux liés aux immeubles de placement” is an issuer-specific line, not mapped to a shared definition: Investing.
- “+/- Flux liés aux immobilisations corporelles et incorporelles” is an issuer-specific line, not mapped to a shared definition: Investing (net).
- “+/- Flux de trésorerie provenant ou à destination des actionnaires” is an issuer-specific line, not mapped to a shared definition: Financing: dividends and other flows with shareholders.
- “+/- Autres flux de trésorerie nets provenant des activités de financement” is an issuer-specific line, not mapped to a shared definition: Financing.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
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BANK OF AFRICA — États financiers consolidés en normes IFRS au 31 décembre 2025 (communication financière, résultats annuels 2025)
Year ended 31 December 2025 · Summary financial statements (summary) · final status not established
Audit: Auditor not stated (named); no auditor's opinion on the full statements in this document · no signature page in this document
Final status: Published by the issuer through the Casablanca exchange. The commissaires aux comptes (Fidaroc Grant Thornton, Faïçal Mekouar; BDO, Amine Baakili) printed a limited-review attestation ('attestation d'examen limité') on the consolidated 'situation provisoire' at 31 December 2025, dated 'Casablanca, le 27 mars 2026' and signed with stamps (PDF p9, page image). It states that no audit was performed and no audit opinion is expressed, and its conclusion is given 'sous réserve' of a matter. No audit report is in the document. The board met on 27 March 2026 and 'arrêté les comptes' (p1).
- Document date
- 27 Mar 2026
- Auditor's report
- date not found in this document
- Board approval
- 27 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · MAD thousands (printed “En milliers de DH”)
- ATTESTATION D'EXAMEN LIMITE DES COMMISSAIRES AUX COMPTES SUR LA SITUATION PROVISOIRE DES COMPTES CONSOLIDES AU 31 DECEMBRE 2025: the conclusion is given 'sous réserve de l’incidence de la situation décrite ci-dessus', namely that BANK OF AFRICA S.A holds non-operating real estate acquired through foreclosure ('actifs immobiliers hors exploitation, acquis par voie de dations') totalling 1 milliard de dirhams, whose realisable values are uncertain (Fidaroc Grant Thornton, Faïçal Mekouar; BDO, Amine Baakili; Casablanca, 27 mars 2026; PDF p9); this is a limited-review conclusion with a reservation on the provisional consolidated situation printed in this publication, not an audit opinion — the auditors state 'nous n’exprimons donc pas d’opinion d’audit' — and no auditor's report on the full statements is reprinted
- Matter behind the reservation in the limited-review conclusion (p9): 'BANK OF AFRICA S.A dispose, au 31 décembre 2025, d'actifs immobiliers hors exploitation, acquis par voie de dations, pour un montant total de 1 milliard de dirhams présentant des incertitudes liées à leurs valeurs de réalisation.'
- Profit before tax is printed 7 902 059 (2024: 6 980 277) in the income statement and 7 902 058 (6 980 278) at the head of the cash-flow statement; both are recorded as printed (the latter as an issuer concept). Other one-unit rounding differences are kept as printed.
- Bank layout: 'TOTAL DETTES' and 'TOTAL CAPITAUX PROPRES CONSOLIDES' add to 'TOTAL PASSIF IFRS'. Cash and cash equivalents in the cash-flow statement include net demand balances with credit institutions (printed below the statement, p10), so they differ from the balance-sheet cash line.
- The printed 'Augmentation/(diminution) nette de la trésorerie' (-5 649 096; 2024: 5 005 947) already includes the printed exchange-rate effect (123 147; 2024: -384 634): operating -94 879 + investing -2 086 497 + financing -3 590 867 + 123 147 = -5 649 096, and opening 24 023 722 - 5 649 096 = closing 18 374 626 (p10). The two cf.closing_cash check failures (differences of exactly -123 147 and 384 634) come from the check adding the exchange-rate effect a second time; figures kept as printed.
- No auditor's report on the summary is printed. A limited-review attestation of the commissaires aux comptes on the consolidated provisional situation is printed (p9): 'Nous n'avons pas effectué un audit et, en conséquence, nous n'exprimons donc pas d'opinion d'audit.' Conclusion: 'Sur la base de notre examen limité, et sous réserve de l'incidence de la situation décrite ci-dessus, nous n'avons pas relevé de faits qui nous laissent penser que les états consolidés, ci-joints, ne donnent pas une image fidèle ...' (p9), Casablanca, 27 March 2026, signed. The company statements carry their own limited-review attestation (p14).
- Consolidated bilan, compte de résultat and état du résultat net et des gains et pertes comptabilisés directement en capitaux propres (p9), statement of changes in equity and tableau des flux de trésorerie (p10), with an extract of the accounting principles (pp4-8) and extracts of notes (pp10-12). Complete line-by-line statements; the notes are extracts; no EPS is printed. The full brochure is said to be on the issuer's website (p1).
Technical details
- File
- 20 pages, with a text layer
- SHA-256
a6ac0967dbff96944bc9f86a03f4db9d482ddfcfbbc8b63ad3d868206699b180- Entity as printed
- Groupe BANK OF AFRICA - BMCE GROUP (BANK OF AFRICA S.A. and its subsidiaries), R.C. Casablanca n° 27.129 (p19)
- Exchange copy
- retrieved 2026-10-08T18:14:53Z
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