SOFAC wrapped up the first half of the year with strong momentum, reporting a significant boost in its financial performance. The company’s net banking income rose to 526 million dirhams on a standalone basis, marking a 34% increase. On a consolidated level, it climbed to 520 million dirhams—up 35%. These results reflect a solid grip on profit margins and disciplined control over financed volumes, especially in the company’s most active business segments.
Net debt rose by 19%, a change that includes the issuance of a subordinated bond. This move was designed to bolster the group’s regulatory capital, giving it greater financial flexibility and a stronger balance sheet.
Looking ahead, SOFAC plans to cement its position across all its key markets. The company is gearing up to tailor its financing solutions to meet the evolving needs of individuals, professionals, and businesses. By investing in innovation and adopting a more assertive market strategy, SOFAC aims to maintain steady growth and deliver increased value to its partners.
