Mouawia Essekelli's strategy pushes Attijariwafa to achieve significant performance in the loans market

Mouawia Essekelli led Attijariwafa Bank towards achieving record performance in the financing market during his term, which extended since his assumption of the position of Managing Director of the bank in December 2022 until now, as its total customer loans increased by about 88.6%, bringing the size of the portfolio from EGP 32.18 bn by the end of 2022, and reaching To EGP 60.69 bn by the end of March 2025, achieving an increase of EGP 28.51 bn.

This noticeable increase in the bank’s total customer loan portfolio was driven by the tremendous growth in the institutional loan portfolio, which rose at a growth rate of 97.7% to achieve an increase of EGP 24.40 bn during the period under analysis, thus recording EGP 49.37 bn at the end of March 2025, compared to EGP 24.97 bn at the end of 2022.

The Bank significantly increased its total direct loans to corporates after the size of the portfolio jumped at a growth rate of 151% and an increase of EGP 5.52 bn during the period under analysis, moving from EGP 3.66 bn by the end of 2022, and reaching EGP 9.17 bn by the end of March 2025.

As for the retail banking sector, the total retail loan portfolio increased under his leadership from 7.21 billion pounds at the end of 2022, to reach 11.32 billion by the end of March 2025, jumping at a growth rate of 57%, achieving an increase of 4.10 billion pounds during the period under analysis.

In general, the efforts of Mouawia Essekelli since assuming the leadership of Attijariwafa have resulted in recording strong growth rates, as the bank achieved a qualitative leap in its net profits, which multiplied by about 3.5 times in just two years, achieving a growth rate of 455% and an increase of 2.65 billion pounds, to record 3.68 billion pounds in 2024, compared to 1.04 billion in 2022.

As for the development of the bank’s profits during the first quarter of this year, it recorded net profits of 752 million pounds during the first 3 months of 2025, compared to 810 million during the same period in 2024.

The Bank's total assets jumped at a growth rate of 103.8%, achieving an increase of EGP 64.07 bn during the period under analysis, bringing the portfolio size to EGP 125.78 bn by the end of March 2025, compared to EGP 61.71 bn by the end of 2022.

The size of the bank’s customer deposit portfolio increased during the period under analysis at a growth rate of 95.4%, achieving an increase of EGP 50.10 bn, to record EGP 102.61 bn by the end of March 2025, compared to EGP 52.51 bn by the end of 2022.