Analyse économétrique des déterminants de la performance financière des principales filiales bancaires marocaines dans la zone UEMOA

Cherkaoui EL HAMDANI; Nahhal BENAISSA

Econometric analysis of the determinants of the financial performance of the main Moroccan banking subsidiaries in the UEMOA zone

Authors

Cherkaoui EL HAMDANI Faculty of Law, Economics and Social Sciences of Salé, Mohamed V University, Rabat, Morocco
Nahhal BENAISSA Faculty of Law, Economics and Social Sciences of Salé, Mohamed V University, Rabat, Morocco

Keywords:

Banking performance, ROA, ROE, panel data, UEMOA, Moroccan banks

Abstract

This research analyzes the determinants of the financial performance of the main Moroccan banking subsidiaries operating in the WAEMU zone, comprising ten subsidiaries that belong to the three major Moroccan banking groups (AWB, BOA, and BCP). Using a panel data econometric approach, the study estimates fixed and random effects models to identify the significant impact of internal variables such as loan volume, balance sheet size, and credit risk on profitability (measured by ROA and ROE). In contrast, macroeconomic variables appear to play a less decisive role. The findings provide strategic insights for Moroccan banks seeking to optimize their expansion in West Africa.

JEL Classification: G20, G24.

Paper type: Empirical Research