In short
- Net banking income (NBI) plays the role of revenue for a bank.
- The cost of risk measures expected losses on loans.
- Net income comes after these charges and tax.
How the figures flow
Here is a made-up bank:
| Line | Million DH | What it is |
|---|---|---|
| NBI | 1,000 | Interest margin, fees and market activities. |
| General expenses | −500 | Salaries, branches, IT. |
| Gross operating income | 500 | What remains before the cost of risk. |
| Cost of risk | −150 | Losses and provisions on loans. |
| Tax and other items | −100 | Tax and various items. |
| Net income | 250 | What is left at the end. |
Here, the cost-to-income ratio is 500 ÷ 1,000, or 50%: the bank spends 50 dirhams to produce 100 dirhams of NBI.
Words to know
- Interest margin: the difference between interest received on loans and interest paid on funding.
- Fees: income from services such as cards or transfers.
- Bad loans: loans whose repayment is a problem.
- Deposits and loans: money received from customers and money lent to them.
A real case in 2026
According to the BMCE Capital Global Research study quoted by Infomédiaire, the NBI of listed financial companies reached 51.2 billion dirhams in the first half of 2026, up 1.6%. Their gross operating income fell 1.8% to 29.6 billion. Yet their net income, group share, rose 6.7% to 13.7 billion. This shows that the lines in a bank’s accounts can move in different directions.
What a single figure does not say
- A low cost of risk can be good news or a one-off effect.
- Strong loan growth can also increase risk later.
- A bank with foreign operations also depends on other economies and currencies.
You can follow the national picture in our article on bank lending.
Frequently asked questions
Why does a bank not have ordinary revenue?
Much of its income comes from the gap between interest received and interest paid. NBI measures this net income.
Does a rise in NBI always lift profit?
No. Expenses and the cost of risk can also rise.
This article is for information and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investing in shares involves a risk of capital loss. Check figures against official sources (Casablanca Stock Exchange, AMMC) and consult a licensed professional. Read the full disclaimer.
