Wikipedia

Attijariwafa Bank

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 controlled by the Al Mada holding company.

Attijariwafa bank
Company 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]
SubsidiariesAttijari – Wafa Assurance – Wafasalaf – Wafa Immobilier – CBAO – Union Gabonaise de Banque – Crédit du Congo – BIM SA – Crédit du Sénégal – Société ivoirienne de banque – SCB Cameroun – BIA Togo – Attijari bank Mauritanie – Attijariwafa Bank Egypt – Cogebanque
Websitewww.attijariwafabank.com

It was established by the 2004 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 is listed on the Casablanca Stock Exchange.[5]

History

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Attijariwafa Tower in Casablanca, under construction in April 2023

As of 2013, Mohamed El Kettani was chair of the board and managing director, and Abdelaziz Alami was honorary chair.[6]

In 2022, Attijariwafa Bank along with Maroc Telecom were among the 20 leading companies in Africa.[7]

On 8 November 2022, Attijariwafa Bank Partnered with Union Bank of Nigeria to Expand its Operations in Africa.[8][9]

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

Ownership

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As of late 2013, the ownership structure of Attijariwafa Bank was as follows:[11]

See also

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References

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  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. ^ "Africa's Top 100 Banks in 2022". African Business. 27 September 2022. Retrieved 29 June 2023.
  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. ^ "Attijariwafa Bank SA (ATW22.CS) Quote". Reuters.com. Reuters. Archived from the original on 24 December 2013. Retrieved 22 December 2013.
  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.
  8. ^ Rahhou, Jihane. "Attijariwafa Bank Partners with Union Bank to Expand Operations in Africa". moroccoworldnews. Retrieved 8 November 2022.
  9. ^ "Union Bank, Attijariwafa Bank sign partnership agreement to expand pan African footprint". Tribune Online. 7 November 2022. Retrieved 8 November 2022.
  10. ^ "Attijariwafa Bank launches Apple Pay". HESPRESS English - Morocco News. 10 August 2023. Retrieved 10 August 2023.
  11. ^ "Bourse de Casablanca ::. Sociétés cotées > ATTIJARIWAFA BANK". Bourse de Casablanca. Retrieved 22 December 2013.
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