Wafabail, a subsidiary of Attijariwafa Bank, reported a net banking income (PNB) of 230 million dirhams by the end of June 2024, marking a significant increase of 49.7% compared to the same period in 2023.
In the second quarter of 2024, Wafabail achieved a market share of 18.9% in production and 23.2% in financial outstandings, according to the company’s quarterly indicators. However, Wafabail’s total production at the end of June 2024 amounted to 1.616 billion dirhams (MMDH), reflecting a decrease of 26.5% compared to the end of June 2023.
Regarding overall debt, Wafabail’s total debt stood at 10.1 billion dirhams in the first half of 2024, a decline of 3.5% compared to the same period the previous year.
