UPDATE 1-Structural changes lift Moroccan bank BCP's 2015 profit 14.4 pct

March 10, 2016 9:18 AM

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RABAT, March 10 Banque Centrale Populaire (BCP), one of Morocco's three biggest lenders, reported a 14.4 percent rise in 2015 net profit due to structural changes in the company, it said on Thursday.

Net profit attributable to shareholders was 2.51 billion dirhams ($255.20 million) in 2015, compared with 2.2 billion in 2014, despite higher risk provisions, the bank said in a statement on Thursday.

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