Sofac: A consolidated net profit stable in 2024

Sofac: A consolidated net profit stable in 2024


The consolidated net profit of Sofac achieved 224 million DH in 2024. The social net profit was 160 million DH with an increase of 5.4% after the reprocessing of the extraordinary element of 2023.

The Net Banking product (PNB) rose by 11%and reached 793 million DH on a social basis and 811 million DH on a consolidated basis, supported by growth outstanding and leasing segments as well as the integration of bathel.

The net debt rose by 13%due to the outstanding increase. SOFAC has also strengthened its equity by granting a subordinate bond of 250 million DH and by securing claims of 1.43 billion DH.

The company continued its expansion and consolidated its position on the budget and business financing market. The net production of credits recorded growth from 10% to 6.893 billion icon, while gross standing rose by 21%, which rose from 15.654 billion ac in 2023 in 2024.

In the future, SOFAC plans to strengthen its positioning on the national market to support the structuring of projects in Morocco.





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