(Reuters) - Morocco's banks took advantage of a stronger economy and a mortgage boom to slash bad debts and rein in costs in 2006, putting them on their strongest footing in years, the kingdom's central bank said on Tuesday.
Moroccan lenders are emerging from years of painful restructuring after indiscriminate lending in the early 1990s brought some big industry names close to collapse.
Read more at Reuters Africa
Moroccan lenders are emerging from years of painful restructuring after indiscriminate lending in the early 1990s brought some big industry names close to collapse.
Read more at Reuters Africa
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