CIH Bank

CIH Bank is the heir of the Caisse de Prêts Immobiliers du Maroc, created in 1920, which became Crédit Immobilier et Hôtelier in 1967 and CIH Bank in 2014. A universal bank listed on the Casablanca Stock Exchange and licensed by Bank Al-Maghrib, it remains Morocco's benchmark for housing finance. It is controlled by the public CDG group (Caisse de Dépôt et de Gestion): according to Médias24, on 14 July 2026 CDG sold its last directly held shares while keeping 55.15% of the capital through its subsidiary Massira Capital Management. Lotfi Sekkat is chairman and chief executive.

2025 results: according to the annual accounts reported by Boursenews, consolidated net banking income reached 5,422.5 million dirhams (+14.4%) and group net income 1,089.4 million (+24.4%), crossing the billion mark for the first time; parent-company net income came to 918.7 million (+22.5%). The bank opened 11 branches and installed 139 ATMs in 2025, taking its network to 437 branches and 1,221 ATMs, and raised its capital by 1.5 billion dirhams (plus 254 million for its consumer-credit subsidiary Sofac). A dividend of 14 dirhams per share was proposed.

Iskane mortgages: CIH Bank's official website describes a full range: Iskane Acquisition finances up to 100% of the project's total cost over a maximum of 25 years with a repayment deferral of up to 6 months; Iskane ARD covers 80% of a plot's value over 7 years; Iskane Raha combines land and construction over 25 years with deferral of up to 18 months; Iskane Tabdil is a bridge loan of up to 100% of the sale price; Crédit Salam targets non-resident foreigners (70%, 15 years). Code Sakane, reserved for under-35s, allows buying or building with up to 100% financing, a 50% reduction on file fees and the option of a top-up loan. CIH also distributes the Damane Assakane and Fogarim state-guaranteed loans.

2026 rates: the bank publishes no grid, but our 2026 mortgage-rate barometer records at CIH Bank a minimum fixed rate of 3.75% for a prime profile (permanent contract, high down payment, 15-20-year term), an average fixed rate of 4.10%, a variable rate of 3.55% and waived file fees during some campaigns — the lowest in the panel. First-time-buyer Moroccans living in France can obtain 3.55% according to our MRE mortgage guide. These rates are indicative and negotiable; Bank Al-Maghrib's key rate held at 2.25% in 2026 supports their stability (our analysis).

Consumer credit, car loans and the civil-servant offer: according to our 2026 comparison of 10 lenders, the Pack Salaf is offered at 6 to 8.5% for a cap of MAD 300,000 over 72 months, with a 5-to-10-day response time; new-car loans come out at 5.0 to 7.0% for MAD 600,000 over 72 months per our car loan comparison. The civil-servant offer includes an account free of maintenance fees, a free Visa Classic card, a 50% reduction on main transaction fees and free packages for the family (Code 30 for children aged 18 to 30, Code 18 for minors).

Digital bank and subsidiaries: CIH Bank pioneered fully online account opening and 24/7 self-service branches; the CIH Mobile app and CIH Online cover transfers, bill payments, cards and loan tracking. Its participatory subsidiary Umnia Bank (51%, with Qatar International Islamic Bank) offers real estate Mourabaha, compared in our participatory banks guide; Sofac specialises in consumer and car credit.

Applying for a CIH mortgage, step by step: 1) simulate your monthly payment; 2) gather your national ID, last three payslips, three bank statements, employer certificate, preliminary sales agreement or construction quotes; 3) file the application in branch or online for approval in principle; 4) property appraisal, loan offer and death-disability insurance; 5) signature at the notary and disbursement — allow several weeks between a complete file and the funds.

Complaints and recourse: first send a written complaint to your branch or the customer relations centre; credit institutions must reply within 40 working days. Failing a solution, refer the matter free of charge to the Moroccan Banking Mediation Centre, then to Bank Al-Maghrib as a last resort. Deposits are guaranteed up to MAD 80,000 by the SGFG.

Wafir.ma is an independent comparison site: neither a credit institution licensed by Bank Al-Maghrib nor an insurance intermediary licensed by ACAPS. Rates quoted are observed ranges; only CIH Bank's contractual offer is binding.