The Attijariwafa Bank (AWB) achieved greatly increased results in 2024. The consolidated net proceeds amounted to 34.5 billion ie, which improved an improvement of 15.2% compared to 2023 (+18.8% constant exchange).
According to the banking group, this performance was “induced by a favorable commercial dynamic, which was described above in relation to the recording of savings and financing of the economy in Morocco and in the rest of the presence countries as well as by strong growth of the market activities (+39.4%)” . Thanks to the strict cost control, the gross operating profit increased by 24.2% by 22.0 billion DH. The company coefficient is socially 30.6% and 36.1% and consolidated (improvement of consolidated operating coefficients of 5 points between 2023 and 2024 and 12 points between 2019 and 2024).
For its part, the risk costs rose by 5.7%to 4.2 billion DH in 2024 in connection with the forward -looking and careful provision in an ever uncertain context.
In this context, the bank achieves a consolidated net profit of 11.7 billion olifically compared to 9.1 billion icalo in 2023, which is an increase of +28.9%. The group’s net profit (RRNPG) in turn is 9.5 billion DH, compared to 7.5 billion DH in the same period in the previous year and grows by +26.6% ( +22% 2 without extraordinary and non -occurring elements).
In addition, the group claims to implement their sustainability and ESG and ecological and climatic obligations of the Kingdom of Morocco in 2024.
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