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 part of Al Mada holding company.
Type | Public |
---|---|
MASI : ATW | |
Industry | Banking, financial services |
Founded | 1904: Creation of Wafabank 1911: Creation of BCM 2003: Creation of Attijariwafa Bank |
Headquarters | 20 000 Casablanca 2, Bd Moulay Youssef, Morocco |
Number of locations | 4930 branches (2018)[1] |
Area served | Worldwide |
Key people | Mohamed El Kettani (CEO) |
Products | Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management |
Revenue | US$ 4.1 billion (2018)[2] |
US$ 608 million (2018)[2] | |
Total assets | US$ 53.3 billion (2018) |
Total equity | US$ 4,7 billion (2016) |
Number of employees | 25,754 (2020)[2] |
Subsidiaries | Attijari – 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 |
Website | www |
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
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
- Al Mada 47.77%
- Others 13.83%
- MCMA-MAMDA 8.09%
- Wafa Assurance 6.61%
- SANTUSA HOLDING (Santander Group) 5.27%
- Employees 4.54%
- RCAR (CDG) 4.26%
- CIMR 2.34%
- CDG 2.31%
- CAISSE MAROCAINE DE RETRAITE (CMR) 2.27%
- AXA ASSURANCES MAROC 1.37%
- RMA-WATANYA 1.32%
- WAFACORP 0.03%
Source:[10]
Subsidiaries
- Wafa Assurance
- Wafa Cash
- Wafa Gestion
- Wafa Salaf
- Attijari Bank Tunisie
- Wafa Immobilier
- Wafabail
Key people
- 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
- "Official launch of Africa Development Club Egypt by Attijariwafa bank | Attijariwafa bank".
- "Attijariwafa bank" (PDF). Archived from the original (PDF) on 3 March 2016. Retrieved 1 July 2013.
- Business, African (27 September 2022). "Africa's Top 100 Banks in 2022". African Business. Retrieved 29 June 2023.
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has generic name (help) - "Attijariwafa Bank of Morocco Opens First Branch in Mauritania". Bloomberg.
- "Casablanca Stock Exchange ::. LISTED SECURITIES > Information and data > Listed company > ATTIJARIWAFA BANK". www.casablanca-bourse.com. Retrieved 24 August 2017.
- "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.
- Rahhou, Jihane. "Attijariwafa Bank Partners with Union Bank to Expand Operations in Africa". moroccoworldnews. Retrieved 8 November 2022.
- Online, Tribune (7 November 2022). "Union Bank, Attijariwafa Bank sign partnership agreement to expand pan African footprint". Tribune Online. Retrieved 8 November 2022.
- "Attijariwafa Bank launches Apple Pay". HESPRESS English - Morocco News. 10 August 2023. Retrieved 10 August 2023.
- "Bourse de Casablanca ::. Sociétés cotées > ATTIJARIWAFA BANK". Bourse de Casablanca. Retrieved 22 December 2013.
- "Attijariwafa Bank SA (ATW22.CS) Quote". Reuters.com. Reuters. Archived from the original on 24 December 2013. Retrieved 22 December 2013.
External links
- Attijariwafa Bank Portal – French language
- company profile at Reuters Archived 24 December 2013 at the Wayback Machine