Earnings Watch: Attijariwafa Bank reports record earnings in FY2017

EARNINGS WATCH- Attijariwafa Bank reported a 68% y-o-y jump in net profit to EGP 1.1 bn in FY2017, marking a new record for the bank, according to an emailed statement (pdf). The rise in profit comes on the back of higher interest rates, increased lending, and increased deposits.