Attijariwafa Bank SA
CCSEMA:ATW675.90
MAD
-0.20
(-0.03%)
ISIN
MA0000012445
Return %
Stock
S&P 500
1Y
-13.35
14.20
3Y
43.81
81.12
5Y
36.55
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Mohamed El Kettani
- Full Time Employees
- 8,365
- Sector
- Finance
- Industry
- Regional banks
- Address
- Casablanca Morocco
- IPO Date
- Aug 13, 1943
- Website
- attijariwafabank.com
- Similar Companies
- Business
- Attijariwafa Bank SA is a Morocco-based multinational banking and financial services institution providing comprehensive universal banking, corporate finance, investment banking, and specialized financial solutions to retail, professional, small-to-medium enterprise (SME), corporate, and institutional clients. Founded in 1904 following the establishment of Banque Commerciale du Maroc and its subsequent merger with Wafabank, the bank is headquartered in Casablanca, Morocco, and operates as the flagship financial services subsidiary of the pan-African private investment conglomerate Al Mada. The company organizes its business operations across five primary segments: Retail and Digital Banking, Corporate and Investment Banking, Specialized Financial Services, International Retail Banking, and Participatory Banking. Its product and service portfolio comprises retail deposit and transactional accounts, including checking accounts, interest-bearing savings accounts, term deposits, and multi-currency foreign exchange accounts; consumer and personal credit products, including residential mortgages, home improvement loans, auto loans, personal financing facilities, and revolving credit lines; payment instruments and electronic banking solutions, including debit, credit, prepaid, and contactless payment cards, merchant point-of-sale acquiring systems, and digital wallets; bancassurance and wealth protection products distributed through Wafa Assurance, encompassing life insurance, health and disability policies, property and casualty insurance, pension plans, and education savings funds; corporate and commercial banking solutions, including working capital facilities, syndicated loans, structured trade finance, letters of credit, export credits, documentary collections, treasury management, and cash pooling platforms; capital markets, advisory, and investment banking services provided through Attijari Finances Corp. and Attijari Intermédiation, covering equity and debt underwriting, initial public offerings, mergers and acquisitions advisory, sovereign debt placement, and securities brokerage; asset management and institutional investment solutions managed by Wafa Gestion, including equity mutual funds, fixed-income funds, money market funds, and customized discretionary portfolio management; specialized financing solutions, including commercial and industrial equipment leasing through Wafabail, consumer lending and microfinance through Wafasalaf, receivables factoring and supply chain finance through Attijari Factoring, and international money transfers and remittance services via Wafacash; and Sharia-compliant participatory banking products and services delivered through its subsidiary Bank Assafa, offering Murabaha, Ijara, and Mudaraba financing structures. Geographically, Attijariwafa Bank SA operates across North Africa, Sub-Saharan Africa, Europe, and the Middle East. Domestically, the group maintains an extensive branch and automated teller machine network across Morocco. Internationally, the bank operates commercial banking subsidiaries in Egypt (Attijariwafa Bank Egypt), Tunisia (Attijari bank Tunisie), and Mauritania (Attijari bank Mauritanie). In the West African Economic and Monetary Union and Central African Economic and Monetary Community regions, it conducts operations through subsidiaries including CBAO Groupe Attijariwafa bank in Senegal, Burkina Faso, Benin, and Niger; Société Ivoirienne de Banque in Côte d'Ivoire; SCB Cameroun in Cameroon; Union Gabonaise de Banque in Gabon; Banque Internationale pour le Mali; Crédit du Congo; and Attijariwafa bank Chad. In Europe, the institution operates through Attijariwafa Bank Europe across France, Belgium, Spain, Germany, Italy, the Netherlands, and the United Kingdom, alongside representative offices in the United Arab Emirates, Saudi Arabia, and China. In recent strategic developments and operational enhancements, Attijariwafa Bank SA has accelerated its digital transformation program, deploying artificial intelligence-driven automated credit scoring systems, upgrading its L'bankalik digital banking platform, and expanding open banking application programming interface integrations. The bank has broadened its sustainable finance operations by securing multicurrency green and social financing facilities and risk-sharing credit lines in partnership with multilateral development institutions, including the African Development Bank, International Finance Corporation, and European Bank for Reconstruction and Development, dedicated to financing renewable energy infrastructure, water conservation initiatives, and SME development. Furthermore, the bank has expanded strategic cross-border payment alliances with global payment networks to streamline intra-African remittances and enhanced its Club Afrique Développement trade platform to facilitate cross-border commercial transactions and regional economic integration across its African operating markets.