TABLE-Moroccan bank CIH says H1 net profit drops 32 pct

Sept 30 (Reuters) - Results for Credit Immobilier et
Hotelier (CIH.CS) in the six months to June 30, 2008 (in
millions of Moroccan dirhams):

2008 2007 Pct change

Client credits 3,090 2,210 +40

Client deposits 14,420 12,310 +17

Revenues 669 632 +6

Net profit 375 551 -32

NOTE - CIH said its net profit was affected by the
resumption of tax payments. The bank swung back to a profit in
2006 after years of losses.