Attijariwafa bank's net profit jumped by 90.7%, records EGP 1.04 bn in 2022

Attijariwafa bank revealed its latest financial statements at the end of December 2022, the bank's net profit jumped at a growth rate of 90.69%, to record EGP 1.038 bn in 2022, compared to EGP 544.3 mn in 2021.

Total loans and facilities to customers increased by 34.31% over the past year, to reach EGP32.180 bn at the end of December 2022, compared to EGP23.959 bn at the end of 2021, with an increase value of EGP8.221 bn.

Total deposit portfolio jumped at a growth rate of 39.38% over the past year, to record EGP 52.511 bn at the end of December 2022, compared to EGP 37.674 bn at the end of December 2021.

The bank's total asset portfolio also jumped to reach EGP 61.713 bn at the end of December 2022, compared to EGP46.546 bn at the end of December 2021, with a growth rate of 32.58%, and an increase of EGP15.167 bn.