Economy

SOFAC: Increased Activity in Q1 2026 Driven by the Automotive and Leasing Segments

SOFAC Group Continues Growth Momentum in Q1 2026

The SOFAC Group is maintaining its growth momentum in the first quarter of 2026, primarily driven by the performance of its automotive financing and leasing activities—two segments that have become strategic pillars of its development.

According to the latest financial indicators released, the group’s net production reached 3.984 billion dirhams by the end of March 2026, marking a 23% increase compared to the same period last year. This growth reflects the strengthening demand for the financing solutions offered by SOFAC.

The gross outstanding amount stood at 25.872 billion dirhams, compared to 24.342 billion dirhams at the end of December 2025, representing a 6% increase and confirming ongoing commercial development across all markets addressed by the group.

Financially, the social net banking income reached 249 million dirhams, up 8%, while consolidated net banking income rose to 277 million dirhams, marking a 9% increase. These performances highlight the robustness of the group’s business model and the solid performance of its financing activities.

To support this growth, SOFAC has also bolstered its financing resources through several operations in the financial markets, including the issuance of financing company bonds and securitization operations related to automotive financing.

In this way, the group confirms the continuation of its strategy focused on developing consumer credit, automotive financing, and leasing solutions, all while maintaining financial discipline aimed at sustainably supporting the growth of its operations.

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