Attijariwafa Bank has just published its financial results for the month of September 2021. Net income group share was up 44.5%.

Attijariwafa Bank's results are up over nine months. Net income group share (RNPG) up 44.5% over the first nine months of 2021. RNPG thus rose to 3.8 billion dirhams (411 million dollars), compared to the same period of 2020. As of September 30, 2021, consolidated net income increased by 42.1% to reach 4.6 billion dirhams (498 million dollars). For its part, operating income increased by 36.1% to 7.1 billion dirhams (769 million dollars), thanks to improved cost control (+1.4%) and the gradual normalization of the cost of risk (-38.1%). Net banking income recorded growth of 1.4% (+2.4% at constant exchange rates), standing at 18.4 billion dirhams (1.4 billion dollars). This development benefited in particular from the increase in the contribution to the consolidated NBI of the Bank in Morocco, in Europe and offshore Tangier (+6.6%), from International Retail Banking (+4.9%1) and Specialized Financing Subsidiaries (+3.6%).