Moroccan banks’ profitability recovered strongly in 1Q21 with loan impairment charges (LICs) easing and contributions to Morocco’s Covid-19 relief fund having ended, but full recovery to pre-pandemic levels is unlikely until at least 2022, Fitch Ratings says.
Moroccan banks’ profitability recovered strongly in 1Q21 with loan impairment charges (LICs) easing and contributions to Morocco’s Covid-19 relief fund having ended, but full recovery to pre-pandemic levels is unlikely until at least 2022, Fitch Ratings says.Read More
