Bank of Africa operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of Africa with three other
banks in Africa:
Banque Populaire SA
sales of 24.26 billion Moroccan Dirhams [US$2.65 billion]
of which 56%
was Retail Banking Morocco),
Ecobank Transnational Incorporated SA
(697.10 billion Nigerian Naira [US$1.83 billion]
of which 17%
was Corporate & Investment Bank), and
Access Bank Nigeria Plc
based in NIGERIA
(665.93 billion Nigerian Naira [US$1.74 billion]
of which 38%
was Corporate & Investment Banking).
Bank of Africa reported sales of 20.41 billion Moroccan Dirhams (US$2.23 billion)
December of 2019.
increase of 5.1%
versus 2018, when the company's sales were 19.43 billion Moroccan Dirhams.
Sales at Bank of Africa have increased during each of the previous five years
(and since 2014, sales have increased a total of 19%).
Sales of Bank Morocco saw an increase
6.4% in 2019, from
5.59 billion Moroccan Dirhams to 5.95 billion Moroccan Dirhams.
Not all segments of Bank of Africa experienced an increase in sales in 2019:
sales of Other Activities fell 19.0% to 115.98 million Moroccan Dirhams.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bank of Africa also experienced decreases in sales in
Specialist Financial Services (down 0.9% to 722.70 million Moroccan Dirhams)