Attijariwafa bank is a Moroccan multinational commercial bank and financial services company founded and based in Casablanca, Morocco. It is the leading bank in Morocco and the fifth largest bank in Africa in 2021,[3] and is part of Al Mada holding company.

Attijariwafa bank
TypePublic
MASI  : ATW
IndustryBanking, financial services
Founded1904: Creation of Wafabank
1911: Creation of BCM
2003: Creation of Attijariwafa Bank
Headquarters20 000 Casablanca
2, Bd Moulay Youssef, Morocco
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 EgyptCogebanque
Websitewww.attijariwafabank.com

It was established after a merger between Banque Commerciale du Maroc and Wafabank.

The bank maintains offices in Europe and Asia, and has several subsidiary banks in Africa.[4] It has been listed on the Casablanca Stock Exchange since 1993.[5]

History edit

In 2022, Attijariwafa Bank along with Maroc Telecom were among the 20 leading companies in Africa.[6]

On 8 November 2022, Attijariwafa Bank Partnered with Union Bank of Nigeria to Expand its Operations in Africa.[7][8]

On 10 August 2023, Attijariwafa Bank has launched a new payment solution that is powered by Apple Pay.[9]

Ownership edit

Source:[10]

Subsidiaries edit

Key people edit

  • Mohamed El Kettani, chair of the board and managing director
  • Abdelaziz Alami, honorary chair
  • Antonio Escamez Torres, vice-chairman of the board
  • Mohamed Arroub, chair of the board and managing director of Wafa Assurance SA
  • Mouawia Essekelli, managing director of Attijariwafa bank Europe
  • Laila Mamou, chairp of the Management Board of Wafasalaf
  • Abdelkrim Raghni, managing director of CBAO Groupe Attijariwafa bank
  • Wafaa Guessous, secretary
  • Hassan Bouhemou, director-representative of SNI
  • Mounir Majidi, director-representative of SIGER
  • Javier Hidalgo Blazquez, director-representative of Grupo Santander
  • Hassan Ouriagli, director
  • Jose Reig Echeveste, director
  • Manuel Varela, director-representative of Grupo Santander
  • Abed Yacoubi Soussane, director

Source:[11]

References edit

  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. ^ Business, African (27 September 2022). "Africa's Top 100 Banks in 2022". African Business. Retrieved 29 June 2023. {{cite web}}: |last= has generic name (help)
  4. ^ "Attijariwafa Bank of Morocco Opens First Branch in Mauritania". Bloomberg.
  5. ^ "Casablanca Stock Exchange ::. LISTED SECURITIES > Information and data > Listed company > ATTIJARIWAFA BANK". www.casablanca-bourse.com. Retrieved 24 August 2017.
  6. ^ "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.
  7. ^ Rahhou, Jihane. "Attijariwafa Bank Partners with Union Bank to Expand Operations in Africa". moroccoworldnews. Retrieved 8 November 2022.
  8. ^ Online, Tribune (7 November 2022). "Union Bank, Attijariwafa Bank sign partnership agreement to expand pan African footprint". Tribune Online. Retrieved 8 November 2022.
  9. ^ "Attijariwafa Bank launches Apple Pay". HESPRESS English - Morocco News. 10 August 2023. Retrieved 10 August 2023.
  10. ^ "Bourse de Casablanca ::. Sociétés cotées > ATTIJARIWAFA BANK". Bourse de Casablanca. Retrieved 22 December 2013.
  11. ^ "Attijariwafa Bank SA (ATW22.CS) Quote". Reuters.com. Reuters. Archived from the original on 24 December 2013. Retrieved 22 December 2013.

External links edit