Home » Economy » NBI up 14.7% in H1

NBI up 14.7% in H1

by Alexandra Hartman Editor-in-Chief

CDG Capital’s consolidated net banking income (NBI) reached 167 million dirhams (MDH) at the end of June 2022, up 14.7% compared to the same period a year earlier.

This increase is explained by the dynamics of market activities and commissions on services, indicates CDG Capital in a press release on its quarterly indicators.

Outstanding assets under management stood at 222 billion dirhams (MMDH), while assets under custody increased by 4.8% over a sliding year to 502 billion dirhams, once morest 479 billion dirhams. a year earlier, said the same source.

→ Read also: CDG Prévoyance supports, through the CNRA, the management of the “TAYSSIR” program

The bank’s financial debt, consisting mainly of money market instruments, amounted to 9.3 billion dirhams at the end of June 2022, once morest 8.6 billion dirhams at December 31, 2021, the statement said, adding that the Bank maintains a solid liquidity profile, with an average short-term liquidity ratio (LCR) of 158% in the first half of 2022.

With MAP

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