Created in 2004 through the merger of two long established Moroccan banks, Banque Commerciale du Maroc (founded in 1911) and Wafabank (founded in 1904), Attijariwafa bank is the largest bank in Morocco and the 7th in Africa by total assets.
Attijariwafa bank is a leading banking and financial Group in North Africa, WAEMU (West African Economic and Monetary Union) and EMCCA (Economic and Monetary Community of Central Africa). In addition to its banking activity, the Group provides a wide range of financial services through several subsidiaries: insurance, mortgage, consumer credit, fast transfers, leasing, factoring, stock brokerage, asset management, M&A and market advisory...
Attijariwafa bank is based in Morocco and operates in 26 countries : in Africa (Egypt, Tunisia, Mauritania, Senegal, Burkina-Faso, Ivory Coast, Mali, Togo, Niger, Benin, Congo, Gabon, Cameroon) and in Europe (Belgium, France, Germany, Italy, Netherlands, Spain and Switzerland) through majority-controlled fully-licensed local banks and their subsidiaries and in Dubai, Riyadh, London, Tripoli and Montreal through representative offices.
The international Retail Banking contributes for 33% of the Net Banking Income and for 32% of the Net Income Group Share as of December 31, 2017.
Globally, AWB operates a network of 4,306 branches (3,407 in Morocco) and had 19,754 employees as of 31 December 2017 managing more than 9.1 m customers. The Group generated an NBI of MAD 21.6 bn as of 31 December 2017 (c. USD 2.3 bn)
AWB is listed on the Casablanca stock exchange with a market capitalization of c.USD 10.5 bn (as at 12/31/2017).