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Morocco's Banque Centrale Populaire Says Net Profit Rose 5.3 Pct In 2016

Source: www.export-egypt.com 3/21/2017, Location: Africa

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Banque Centrale Populaire (BCP), one of Morocco's three biggest lenders, reported a 5.3 percent rise in net profit attributable to shareholders in 2016 to 2.64 billion dirhams ($265 million).

The increase was due to greater banking activity in its international subsidiaries, the lender said in a statement

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