It is the largest bank in Morocco and one of the most important in Africa. It is responsible for offering banking products and services that include insurance, mortgages, credits, leasing, asset management and more.
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The story began with the creation of the subsidiary CACB belonging to La Compagnie Française de Crédit et de Banque (CFCB) in 2004 and La Banque Commerciale du Maroc (BCM) in 1911. CACB became La Compagnie Marocaine de Crédit et de Banque (CMCB) in 1964 and changed its name to Wafabank in 1985. In 2003, Wafabank and BCM merged to form the Attijariwafa bank. It began operations in 2005, and from that year until 2010, it was acquiring several institutions in Africa to grow more. In 2006, it opened its first subsidiary in European territory. In 2016, it bought Barclays Bank Egypt.
The Swift Code (Society for Worldwide Interbank Financial Telecommunication), also known as BIC, is used during an international transfer to identify the receiving bank: BCMAMAMC.
Number of Employees
The bank has approximately 20,000 employees.
The rating is the evaluation of a bank and the risks it can take in case of not paying a debt. Moody’s, S&P, and Fitch are the agencies in charge of it.
Attijariwafa Bank has a rating of:
- Moody’s = Ba2.
- S&P = BB.
- Fitch = BB+.
Ba2 (Moody’s) = Questionable Credit Quality.
BB (S&P Global) = It is very prone to economic changes.
BB+ (Fitch) = It has solvency guaranteed, but with risks.
The headquarters of the entity is in the city of Casablanca, Morocco.
If you want to know more about this bank, enter through its website: http://www.attijariwafabank.com/.
It offers various online and remote services that include credit applications, support for microenterprises, private banking, investments, savings management, budget management, financing of personal and real estate projects, insurance, international business and more.
- Address: 2, Boulevard Moulay Youssef, 20 000 Casablanca, Morocco
- Phone Number: +212 522 29 88 88