Saturday , June 19 2021

Morning – 5.05 billion DH of profit at the end of September



At the end of September, the performance of the group mainly carried by the bank in Morocco.

All the green lights for Attijariwafa Bank. At the end of September, the group recorded net consolidated bank income over $ 16.739 billion, a jump of 3.5% over one year. The interest margin was $ 10.442 billion, compared to nearly $ 9.5 billion in 2017. As for the commission's margin, it amounted to $ 3.775 billion, after $ 3.477 billion a year earlier.
In addition, at the end of September, the banking group recorded an operating profit of $ 7.377 billion, an increase of 1.39%.
Net profit for the group improved by 3.44% to $ 4,466 billion, to a consolidated net profit of $ 5.05 billion (+ 1.13%). The group's performances were carried out by the bank in Morocco. Indeed, company accounts show that the net profit of the latter increased by 3.82% to $ 3.588 billion. Its GNP, this, reached 9.055 billion against 8.922 billion in the same period of 2017.
As a reminder, in the first half of 2018, ATijariWafa's banking corporation posted record profits of $ 3.44 billion, an increase of 5.52%. RNPG stood at $ 2.8 billion, up 6.5% over the course of one year. The GNP, on the other hand, increased by more than 1 billion dirhams to $ 11.29 billion.
In the first half of this year, the bank noted that it will continue the strategy of supporting small and medium-sized companies, VSEs and households in different countries of presence.


Source link