During the first half of 2020, the main indicator of the Bank of Africa, was stable.
Thus, the consolidated net banking income (NBI) of Bank Of Africa (BOA) stood at 7 billion dirhams, billion dirhams (644 million euros) at the end of June 2020, stagnating compared to the same period of the year. ‘last year. In its press release of Monday, August 31, the banking group indicated that the group’s consolidated NBI increased by 5% to 3.8 billion dirhams (349 million euros), for the second quarter of 2020 alone.
For its part, loans to customers at the end of June amounted to MAD 195.7 billion (18 billion euros), up 4.8% compared to the end of 2019. Excluding Resales, loans to customers are up 2.9% to 178.4 billion dirhams (16.4 billion euros).
Regarding consolidated customer deposits, they showed a slight increase of 0.8% compared to the end of 2019, standing at 204.5 billion dirhams (19 billion euros), adds the document.
On a social basis, the bank’s net banking income increased by 3.4% to 3.6 billion dirhams (331 million euros) as of June 30 (+ 16% to 2 billion dirhams for the second quarter), notes the group. . Quarterly indicators show that customer loans stood at 125.9 billion dirhams (11.5 billion euros), up 7.9% compared to the end of 2019. For its part, deposits showed a slight decrease of 1.3% to 132.8 billion dirhams (12.2 billion euros) compared to last year.
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