CIH Bank stock wins green financing award

Published on 10/08/2026 at 01:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CIH Bank stock was last at MAD 307.00 on October 7, 2026, down 0.97 percent. First-half deposits rose 14 percent to MAD 102.2 billion.

CIH, MA0000011454, Illustration mit AI erstellt.

CIH Bank (ISIN MA0000011454) stock was last at MAD 307.00 on the Casablanca Stock Exchange on October 7, 2026, down 0.97 percent from the prior session. The bank had received an award for green financing from the European Bank for Reconstruction and Development, as 7news reported on October 7, 2026.

Green financing expands in 2027

The award recognized CIH Bank's work with the EBRD under the Green Economy Financing Facility. The bank's GREEN DEV financing solution supported energy efficiency and renewable energy projects from 2022 through 2025, according to 7news.

CIH Bank also plans to join a third GEFF financing line and the MidGEFF program. Both facilities are due to start in 2027 and are intended to support large companies and small and medium-sized businesses, Le Matin reported on October 7, 2026.

Deposits outpace earnings growth

CIH Bank's first-half 2026 consolidated net income reached MAD 695.4 million, up 3.3 percent from MAD 673.4 million in the first half of 2025. The consolidated net banking income rose 2.8 percent to MAD 2.826 billion, according to the Moroccan Capital Market Authority in a release dated September 17, 2026.

Customer deposits grew 14 percent year over year to MAD 102.2 billion at the end of June 2026, while net income attributable to the group reached MAD 617 million, an increase of 0.3 percent. The figures show stronger balance-sheet expansion than bottom-line growth during the period.

Analyst target remains above the stock

Attijari Global Research recommended buying CIH Bank and set a MAD 492 price target on September 11, 2026, compared with a share price of MAD 354 on August 31, 2026, as Infomediaire reported. The research called for 5 percent growth in net banking income in 2026 and projected 2026 group net income of MAD 1.162 billion.

CIH Bank stock stays at MAD 307

CIH Bank stock was last at MAD 307.00 on the Casablanca Stock Exchange on October 7, 2026, with the session change at minus 0.97 percent. The combination of new green-financing programs, 14 percent deposit growth and modest first-half earnings growth gives the stock a mixed operating profile.