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

Attijariwafa bank

Head office building in Casablanca
Company type	Public
Traded as	MASI:ATW
Industry	Banking,financial services
Founded	1904:Compagnie Algérienne in Morocco, laterWafabank 1911:Banque Commerciale du Maroc 2003: merger creating Attijariwafa Bank
Headquarters	2, Bd Moulay Youssef 20 000Casablanca
Number of locations	4930branches (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]
Net income	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 Bank (Tunisia) Wafa Assurance Wafasalaf Wafa Immobilier CBAO Groupe Union Gabonaise de Banque Crédit du Congo Banque Internationale pour le Mali (BIM SA) Crédit du Sénégal Société ivoirienne de banque SCB Cameroun BIA Togo Attijari bank Mauritanie Attijariwafa Bank Egypt
Website	www.attijariwafabank.com

Attijariwafa Bank is controlled by theAl Mada holding company, which is affiliated with theMoroccan royal family.

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

In 2005, Attijariwafa Bank in consortium withBanco Santander acquired 54 percent ofBanque du Sud inTunisia, subsequently renamedAttijari Bank [fr]. In Senegal, it obtained a banking license in 2005 and started its own operations in 2006; acquired a 67 percent stake in the country's fifth-largest bank, Banque Sénégalo-Tunisienne (BST),^[8] in January 2007; and acquired a 79 percent stake in theCompagnie Bancaire de l'Afrique Occidentale in April 2008, which it merged with its other Senegalese operations in December of that year, under the nameCBAO Groupe Attijariwafa Bank.^[9]: 10.

In November 2008, the group acquired a 51 percent stake inBanque internationale pour le Mali [fr] (BIM, est. 1980 inBamako). In late 2009, it acquired the operations ofCrédit Agricole in four more countries, namelyCrédit du Congo [fr] (est. 2002 inBrazzaville),Union Gabonaise de Banque [fr] (UGB, est. 1962 inLibreville),Société Ivoirienne de Banque [fr] (SIB, est. 1962 inAbidjan), andCrédit du Sénégal [fr] (est. 1989 inDakar). In December 2010, it partnered withBCP Group to acquire an 80 percent stake in BNP Paribas Mauritanie (est. 2006 inNouakchott), then purchased a 51 percent stake inSociété Commerciale de Banque Cameroun [fr] (SCB Cameroun, est. 1989 inYaoundé), and in September 2013, a 55 percent stake inBanque Internationale pour l'Afrique au Togo (BIA Togo, inLomé). In 2017, it acquired 100 percent of the formerBarclays subsidiary inEgypt. In the meantime, the group also established operations inGuinea-Bissau in 2008, and through its Senegalese subsidiary CBAO inBurkina Faso in 2011,Niger in 2013, andBenin in 2015.^[9]: 10-11

By end-2018, Attijariwafa Bank had operations in 15 African countries with a network of over 4,300 branches which it viewed as the most extensive in Africa.^[9]: 5

On 8 November 2022, Attijariwafa Bank partnered withUnion Bank of Nigeria to expand its operations in Africa.^[10][11]

On 10 August 2023, Attijariwafa Bank has launched a new payment solution powered byApple Pay.^[12]

As of end-2023, the group's operations in Africa outside Morocco represented around a quarter of its total assets, with the largest contributions coming from Tunisia (5.6 percent), Egypt (4.7 percent), Côte d'Ivoire (4.1 percent), and Senegal (3.8 percent).^[13]: 27

Mohamed El Kettani has been chairman and CEO (French:président-directeur général) of Attijariwafa Bank since 2007. Abdelaziz Alami was honorary chair as of 2013.^[14]

As of late 2013, the main shareholders of Attijariwafa Bank wereAl Mada (47.77%), Moroccan cooperative insurers MCMA-MAMDA (8.09%), Government-ownedCaisse de dépôt et de gestion (4.26% via RCAR and 2.31 directly),Santander Group (5.27%, via Santusa Holding), and other Moroccan institutional investors (CIMR 2.34%, CMR 2.27%, Axa Maroc 1.37%, RMA-Watanya 1.32%), plus 6.61 percent held by the group's own insurance armWafa Assurance and 4.54 percent held by its employees.^[15] By end-2023, the group's ownership structure had remained substantially stable, with Al Mada's share slightly lower at 46.5 percent.^[13]: 6

• List of banks in Morocco

• Attijariwafa Bank Portal – French language
• company profile at ReutersArchived 24 December 2013 at theWayback Machine