EQD | Eqdom - Results H1-21 : Confirmation of the recovery, upward revision of the stock target price

    At the end of the 1st half of 2021, Eqdom confirms the recovery of its activity by recording a 48.0% increase in its loan production compared to H1-20 to MAD 1,279 Mn. This is a level almost similar to that observed pre-health crisis, i.e. around MAD 1,300 Mn.

    It is reassuring to note that this recovery in activity is driven by the good momentum in the two pillars of the Moroccan consumer loan sector. On the one hand, the production of “automotive loans”, which jumped by 86.0%. On the other hand, “Personal loans” which grew by 28% over the same period.

     

    Download (414.06 KB)