Tuesday , May 18 2021

Morning – RSD 5.05 billion profit at the end of September

At the end of September, the group's performance was mainly borne by the bank in Morocco.

All lights are green for Atijarivaf Bank. At the end of September, the group posted a consolidated net banking income of more than 16,739 billion dirhams, a jump of 3.5% over a year. The interest margin amounted to 10.442 billion dirhams, compared to almost 9.5 billion in 2017. As for the margin of commission, it was 3.775 billion after 3.477 billion a year earlier.
Also, at the end of September, the banking group recorded operating revenues of 7.377 billion, which is higher by 1.39%.
Share in net income increased by 3.44% to 4.266 billion dirhams, for a consolidated net profit of 5.05 billion dinars (+ 1.13%). The bank's performance in Morocco was performed by the group. Indeed, the company's accounts show that the company's net profit rose 3.82% to 3.588 billion dirhams. Its GDP reached 9.055 billion against 8.922 billion in the same period of 2017.
As a reminder, in the first half of 2018, Attijarivafa Bank recorded a record profit of 3.44 billion dirhams, which is 5.52%. The RNPG amounted to 2.8 billion, an increase of 6.5% over a year. BNP, on the other hand, grew by more than a billion diamonds to 11.29 billion.
In the first half of the year, the Bank stressed that it will continue to support SMEs, VSEs and households in the different countries of presence.

Source link