Sunday 31, August 2014 by Robin Amlôt

Societe Generale Marocaine de Banques - ratings affirmed by Capital Intelligence

Capital Intelligence (CI) has affirmed the ratings of Société Générale Marocaine de Banques (SGMA), based in Casablanca, Morocco. SGMA's Financial Strength Rating (FSR) is affirmed at 'BBB-', on a 'Stable' Outlook. The FSR is supported by good profitability at the operating level, strengthened capital adequacy, maintained sound loan loss reserve (LLR) coverage and the Bank's solid position in the market.

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