News2025-09-30

Salafin: Net Income Up 12% in H1 2025

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Salafin: Net Income Up 12% in H1 2025
Salafin's net production reached 605 million MAD, reflecting a 17.3% increase compared to H1 2024. This growth was primarily fueled by a 23.8% rise in automotive financing and a 10.4% increase in personal loans. Financial outstanding balances reached 3 billion MAD, showing a 1.1% increase since December 2024. The Net Banking Product (PNB) stood at 191 million MAD, up 2.8% from the first half of the previous fiscal year. Operating expenses stabilized at 68 million MAD, while net provisions showed significant improvement, decreasing by 10.9% to 41 million MAD from 45 million MAD a year earlier. Salafin's net income amounted to 47 million MAD, representing a 12% increase compared to H1 2024.

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Salafin: Net Income Up 12% in H1 2025