Sonasid: 26% increase in consolidated net income in the first half


  • | On 9/16/2022 at 1:27 p.m.

    The group experienced an increase in its net interest margin and its profits. The group’s president anticipates better commercial dynamism during the second half of the year despite a gloomy economic context. The level of provisions is sufficient to deal with a possible increase in bad debts. Exposure to the real estate sector is under control and the dividend distribution policy should remain unchanged in 2022.




  • | On 9/15/2022 at 8:10

    The good performance of loans and investment banking, as well as the consolidation of REIM Partners, boosted NBI by 42% compared to the same period in 2021. Consolidated net income reached 21 MDH once morest 3 MDH at the end of June 2021.




  • | On 9/14/2022 at 8:20

    The group was able to capitalize on the good performance of its Life and Non-Life activities during the first six months of the year. The net result stagnated due to the underperformance of the financial markets. Equity is stable compared to the end of 2021 at 4.8 billion dirhams.




  • | On 1/9/2022 at 11:43

    SBM’s turnover increased by 9% in the first half of 2022 to stand at 1,098 MDH.




  • | On 1/9/2022 at 10:57

    The M2M group’s turnover increased slightly by 4% in the 1st half of 2022 compared to the same period in 2021.




  • | On 1/9/2022 at 10:07

    The cost of risk increased by 42% compared to the same period last year, due to the uncertain economic situation caused by inflation.

  • Leave a Replay