Attijariwafa Bank displays results by progress in the first quarter. The group net banking product (PNB) of the group reached 9.0 billion DH, up 5.9% (+9.3% in constant exchange prices) in annual shift.
“This increase is mainly linked to the good behavior of the collection of savings and financing of the economy in all countries of presence, but also to the sustained increase in market activities in a context of lower rates in Morocco”explains the banking group. In detail, consolidated deposits and credits increased 8.6% and 8.2% respectively.
Regarding market activities, their result jumped 19.4 %, reaching 1.6 billion DH. The operating coefficient improves a point, to be 34.2%, against 35.3% at the same period of the previous year, thanks to a good cost control. The cost of risk was 0.82 % at the end of March 2025, compared to 0.98 % a year earlier.
The bank displays a consolidated result of 3.3 billion DH and a net profit of the group (RNPG) from to 2.8 billion DH, growing by 14.7 % and 14.1 %.
In addition, AWB displays financial solidity that is strengthened with consolidated equity of 76.2 billion DH at the end of March 2025, against 69.0 billion DH a year earlier, an increase of 10.5 %. The profitability of assets (ROAA2) was 1.82 % at the end of March 2025, against 1.75 % a year earlier, and profitability on tangible equity (ROTE3) reached 22.7 %, against 22.0 % in the first quarter of 2024.
