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CDG Capital: Increase in net banking income

Consolidated net banking income of CDG capital for the first half of 2019 amounted to MAD 145.2 million, up 7.9% compared to end-June 2018, driven by good performance of market activities. The average outstanding assets in custody stood at 327.8 billion dirhams, a slight increase of 0.4% compared to H1-2018, says CDG capital in a financial statement, noting that assets under management increased by 1.2% to 198.3 billion dirhams.

At the level of the financial statements, net banking income rose to 125.5 million dirhams against 142.7 million dirhams a year earlier. Outstanding claims on customers recorded a 32% increase to 478.8 million dirhams against 361.6 million dirhams at the end of December 2018.

For its part, outstanding customer resources rose 15% to 2.5 billion dirhams at the end of June 2019 against 2.2 billion dirhams six months earlier.

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