Moroccan bank sees increased resources

The Moroccan trade and industry bank (BMCE) said its global resources went up by 20% up to last June to stand at $ 1.38 billion, despite an adverse economic juncture. The bank's net product also increased by 9% during the first half of this year compared to the corresponding period in 1999, the bank said, adding that it managed to control management fees.

BMCI ascribes this positive performance to a better commercial margin.