NORTH AFRICA: STATE BANKS REMAIN STABLE DESPITE LOOMING SHOCKS AHEAD

NORTH AFRICA: STATE BANKS REMAIN STABLE DESPITE LOOMING SHOCKS AHEAD

   Tue, 11 May 2021

The region’s notable resilience in 2020, despite the difficult economic environment, indicates that the banking sector outlook for North African banks is likely to remain stable for 2021, due to an anticipated gradual normalisation with business volumes and growth in revenues. However, a return to pre-pandemic performance levels remains uncertain and results are likely to remain varied, at least for the coming 12 months.