Attijariwafa Bank

Attijariwafa bank
Company typePublic
MASI  : ATW
IndustryBanking, financial services
Founded1904: Compagnie Algérienne in Morocco, later Wafabank
1911: Banque Commerciale du Maroc
2003: merger creating Attijariwafa Bank
Headquarters2, Bd Moulay Youssef
20 000 Casablanca
Number of locations
4930 branches (2018)[1]
Area served
Worldwide
Key people
Mohamed El Kettani (CEO)
ProductsCredit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management
RevenueIncrease US$ 4.1 billion (2018)[2]
Increase US$ 608 million (2018)[2]
Total assetsIncrease US$ 53.3 billion (2018)
Total equityIncrease US$ 4,7 billion (2016)
Number of employees
Increase25,754 (2020)[2]
SubsidiariesAttijariWafa AssuranceWafasalafWafa ImmobilierCBAOUnion Gabonaise de BanqueCrédit du CongoBIM SACrédit du SénégalSociété ivoirienne de banqueSCB CamerounBIA TogoAttijari bank MauritanieAttijariwafa Bank Egypt
Websitewww.attijariwafabank.com

Attijariwafa bank is an international financial services group headquartered in Casablanca, Morocco. Since its formation in 2004 by merger between Banque Commerciale du Maroc (in Arabic, bank at-tijari) and Wafabank, it has been the leading bank in Morocco and kept that rank as of 2024.[3] It is listed on the Casablanca Stock Exchange.[4]

Attijariwafa Bank is controlled by the Al Mada holding company, which is affiliated with the Moroccan royal family.

The bank maintains offices in Europe and Asia, and has expanded significantly into sub-Saharan Africa.[5] It was the fifth largest bank in Africa in 2021, ranked by Tier 1 capital.[6] Together with Maroc Telecom, it was also one of two Moroccan companies ranked among the 20 leading companies in Africa in 2022.[7]

  1. ^ "Official launch of Africa Development Club Egypt by Attijariwafa bank | Attijariwafa bank".
  2. ^ a b c "Attijariwafa bank" (PDF). Archived from the original (PDF) on 3 March 2016. Retrieved 1 July 2013.
  3. ^ Adil Faouzi (14 April 2024). "Morocco's Banking Sector Shines in Forbes' 2024 List of MENA's 30 Most Valuable Banks". Morocco World News.
  4. ^ "Casablanca Stock Exchange ::. LISTED SECURITIES > Information and data > Listed company > ATTIJARIWAFA BANK". www.casablanca-bourse.com. Retrieved 24 August 2017.
  5. ^ "Attijariwafa Bank of Morocco Opens First Branch in Mauritania". Bloomberg.
  6. ^ "Africa's Top 100 Banks in 2022". African Business. 27 September 2022. Retrieved 29 June 2023.
  7. ^ "Maroc Telecom and Attijariwafa Bank among the 20 leading companies in Africa in 2022". HESPRESS English - Morocco News. 18 October 2022. Retrieved 10 August 2023.

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