Attijariwafa Bank's market shares grow during the first 9M of 2023

Attijariwafa Bank's market shares witnessed mixed performance during the past year, as the increases achieved by the Bank in its portfolios failed to raise its share in loans and financial investments markets, while they were sufficient to raise its share in the deposit market, and also sufficient to stabilize its share in the asset market.

In a recent monitoring conducted by First Bank to track the development of the market shares of Attijariwafa Bank during the first 9M of 2023, it revealed that its share of assets stabilized at 0.54% of the total assets of the banking sector by the end of last September, with no change from 2022.

The Bank's market share in the stock market fell marginally to 0.42% of total financial investments (securities) of the banking sector by the end of September 2023, compared to 0.43% by the end of December 2022.

Its share in loans market also declined marginally at 0.79% of total banking sector loans by the end of Q3 of 2023, compared to 0.80% by the end of 2022.

The slight decline in the Bank’s share in loans market as a result of the loss of part of the Bank's share in retail banking, falling to 0.91% of total retail loans of the banking sector by the end of September 2023, compared to 0.96% by the end of 2022.

In terms of the Bank’s share in the deposit market, it jumped to 0.70% of total banking sector deposits by the end of Q3 of 2023, compared to 0.61% by the end of 2022.

Although the Bank has witnessed an increase in the deposit market, its share in the family sector market has stabilized at 0.43% of the total family sector deposits in the banking sector by the end of Q3 of 2023, without any change from 2022, which shows that the reason of the increase in its share in the deposit market due to the increase in its share in the corporate market.