Attijariwafa Bank achieved a group share of the group of 2.8 billion DH in the first quarter of 2025, 14.1% more compared to the same period a year earlier.
The consolidated net profit increased by 14.7% thus stood at 3.3 billion DH. Regarding the net banking product (PNB), it reached 9 billion DH at the end of last March, up 5.9% (+9.3% at constant exchange courses) compared to the same period in 2024.
This increase is majority attributed to the good behavior of the collection of savings and financing of the economy in all the countries present, but also to the sustained increase in market activities in a context of decline in Morocco’s rates.
Regarding consolidated deposits and credits increased by 8.6% and 8.2% respectively. As for the result of market activities, he recorded an increase of 19.4% to quantify at 1.6 billion DH.
The operating coefficient improves from a point to 34.2%, thanks to good cost control. Regarding the cost of risk, it was 0.82% at the end of March 2025, against 0.98% a year earlier.
Finally, the group’s financial solidity is strengthened with consolidated equity of 76.2 billion DH at the end of March 2025, up 10.5%. The profitability of assets (ROAA2) amounts to 1.82% and profitability on tangible equity (ROTE3) reaches 22.7%.