Attijariwafa Bank sees varied performance in terms of market shares in Q1-2023
First Bank
The performance of Attijariwafa Bank in terms of market shares varied during first Quarter of the current year, as the increases in Bank's financial portfolios not succeed in raising its share in assets and deposits, and settled in the loan market, while witnessed a slight increase in financial investments market.
First Bank monitors the development of Attijariwafa Bank's market shares during the first quarter of 2023:
Asset market
The bank's market share in the asset market declined to 0.50% of the total assets of the banking sector by the end of March 2023, compared to 0.54% by the end of 2022, to lose about 0.04%.
Financial investments
The bank was able to add about 0.02% to its share, as increased to 0.45% of the total financial investments (securities) in the banking sector by the end of the first quarter of 2023, compared to 0.43% by the end of 2022.
loan market
The bank's market share in the finance market remain stable at 0.77% of total loans of the banking sector by March 2023end, without any change from 2022.
despite the decline in its share in the retail finance market to reach 0.92% of the total loans of Retail in the banking sector by the end of March 2023, compared to 0.96% by the end of 2022, losing about 0.04%.
deposit market
The market share of Attijariwafa Bank decreased slightly to 0.61% of the total deposits of the banking sector by March 2023end, compared to 0.60% by the end of 2022.
This comes as a result of the decline in its share in the Household sector deposits market to reach 0.39% of the total Household sector deposits in the banking sector as a whole by the end of March 2023, compared to 0.43% by the end of 2022.