Maghrebail announced consolidated and parent company earnings results for the year ended December 31, 2016. For the year, on consolidated basis, the company’s net outstandings rose by 7.6% to MAD 10.9 billion, resulting in market share gains of 100 basis points to 25.2% at 31 December 2016 versus 24.4% in 2015. For the year, on parent basis, the company’s net income increased significantly 35.3% to MAD 87 million, driven primarily by a steep increase in net revenue which rose by 145% to MAD 388.8 million.