In a statement, Namazin obtained a copy of it, the group’s half-profits amounted to 3.1 billion dirhams, an increase of 6% compared to the last quarter of 2018, and an increase of 4 % Compared to the same period in 2018, and the annual return per share amounted to 1.08 dirhams, compared to 1.06 dirhams during the first quarter of 2018
While the value of operating revenues reached 4.9 billion dirhams, an increase of 3% compared to the last quarter of 2018, and an increase of 1% compared to the same period in 2018 And the value of operating expenses amounted to 1.3 billion dirhams, thanks to the continued control of costs and savings resulting from the merger, and the rate of expenses to revenue (excluding merger costs) maintained its leading levels in the market, reaching 26.1%
The statement also stated that the bank achieved a strong liquidity level, as the liquidity coverage rate reached 117%, and the total assets amounted to 733 billion dirhams, an increase of 8% compared to The same period of 2018, loans and advances amounted to 359 billion dirhams, an increase of 6% compared to the same period in 2018, and customer deposits increased to 433 billion dirhams, an increase of 7% compared to the same period of 2018
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