Bank Attijariwafa: Social Responsibility and Global Impact

Bank Attijariwafa's commitment to social responsibility is evident in its numerous initiatives. The bank has established a dedicated foundation to support education and healthcare projects in Morocco.

One notable example is the Attijariwafa bank's partnership with the Moroccan government to provide financial assistance to small and medium-sized enterprises (SMEs). This collaboration has helped create jobs and stimulate economic growth in the country.

The bank's global impact is also felt through its international operations, which span across several countries in Africa and Europe.

Attijariwafa bank is committed to social and environmental responsibility, with a focus on sustainable growth and development. They pursue a Corporate Social Responsibility (CSR) policy that benefits all stakeholders.

Their CSR policy is centered on four pillars and 10 strategic commitments. This demonstrates a clear and structured approach to giving back to the community.

The bank's Foundation contributes to the development of education in Morocco, aiming to improve the education level of citizens and prevent underperformance at school and early leaving.

Attijariwafa bank is committed to social and environmental responsibility. They have a CSR policy that benefits all their stakeholders.

Their CSR policy is built upon shared values and is centered on four pillars and 10 strategic commitments. This shows their dedication to making a positive impact.

Attijariwafa Bank offers a range of services that are tailored to different customer segments. They provide online banking services in multiple countries.

Their services include personal and business banking solutions, as well as private banking for high-net-worth individuals. They also offer investment services and insurance products through their subsidiary, Wafa Assurance.

The bank has a strong global presence, ensuring accessibility and convenience through its extensive network and innovative digital solutions. This makes it a leading financial institution in Morocco and beyond.

Banque Centrale Populaire (BCP) also offers a diverse range of services tailored to various customer segments. They provide specialized banking solutions for individuals, including youth, young professionals, and private banking clients.

Their services are designed to meet the needs of businesses, including self-employed individuals, very small enterprises, SMEs, and large enterprises. BCP's commitment to sustainable development is a unique feature of their services.

Attijariwafa bank's Foundation contributes to the development of the education level of Moroccan citizens.

The bank fights against underperformance at school and early leaving, which can have long-lasting effects on individuals and society as a whole.

Through its efforts, the bank encourages the pursuit of higher education by promoting excellence and instilling an entrepreneurial spirit in young people.

This focus on education and entrepreneurship can help bridge the gap between education and employment, providing young people with the skills and knowledge they need to succeed in the workforce.

By promoting excellence and entrepreneurship, Attijariwafa bank's Foundation is helping to build a brighter future for Moroccan youth.

Attijariwafa bank is a leader in digital banking and customer service, continually adapting to support its clients' goals. They offer innovative solutions and the ability to interact with the bank from anywhere and at any time.

Their focus on digital innovation allows customers to access banking services easily and conveniently. This is a significant advantage for customers who value flexibility and accessibility.

As a result, the bank works daily to offer a banking experience that combines the best of human action and digital innovation.

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Attijariwafa bank has a significant presence on the African continent. They're committed to supporting Africa's regional integration through various initiatives.

Their development strategy focuses on promoting a sustainable economy in Africa. They aim to serve customers throughout the continent, helping African companies grow through South-South cooperation.

One of the bank's key goals is to contribute to economic and regional development in Africa. By doing so, they're helping to drive growth and prosperity across the region.

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Business in Morocco is thriving, marked by digital transformation and increased adoption of innovative financial services.

Mobile banking is a key trend in Morocco, offering greater convenience and efficiency to businesses and individuals.

Attijariwafa bank is a major player in the Moroccan market, contributing to economic and regional development through its development strategy.

The bank's strategy focuses on promoting a sustainable economy, serving customers throughout Africa, and supporting African companies in their development of South-South cooperation.

Moroccan businesses can benefit from tailored financial products and enhanced customer experiences, making it easier to access essential financial resources.

Managing foreign exchange risk is crucial for businesses operating globally. Attijariwafa bank's Trading Room is a key tool in this effort.

The bank relies on effective strategies to control exchange rate risk linked to variations in the dirham. This includes leveraging various levers to mitigate potential losses.

One such lever is the bank's ability to implement multiple means to control exchange rate risk. This approach allows them to adapt to changing market conditions.

By activating the right levers, Attijariwafa bank can minimize the impact of exchange rate fluctuations. This helps to maintain stability in their financial operations.

The bank's experience in managing foreign exchange risk is a testament to their ability to navigate complex global markets. Their strategies and levers have proven effective in mitigating potential risks.

Attijariwafa Bank is a leading financial institution in Morocco and beyond, with a strong global presence and a comprehensive range of services tailored to various customer segments. It offers online banking services, personal and business banking solutions, private banking for high-net-worth individuals, and investment services such as investment funds and financial planning.

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The bank has a significant presence in Africa, with operations in 15 countries and a network of over 4,300 branches, making it the most extensive network in Africa by the end of 2018. Its international presence spans Africa, Europe, the Middle East, and America, ensuring comprehensive support and accessibility for all clients.

Attijariwafa Bank's ownership structure has remained substantially stable, with Al Mada holding a significant stake of 46.5% as of end-2023. The bank's main shareholders include Al Mada, Moroccan cooperative insurers, and other Moroccan institutional investors, with the Santander Group holding a 5.27% stake via Santusa Holding.

Attijariwafa Bank's history is a story of rapid expansion and strategic acquisitions. In 2005, the bank acquired 54 percent of Banque du Sud in Tunisia, subsequently renaming it Attijari Bank.

The bank's expansion into Senegal began in 2005, and it started its own operations in 2006. By 2007, it had acquired a 67 percent stake in Banque Sénégalo-Tunisienne (BST), the country's fifth-largest bank.

In 2008, the bank acquired a 51 percent stake in Banque internationale pour le Mali (BIM) and established operations in Guinea-Bissau. It also acquired the operations of Crédit Agricole in four countries, including Crédit du Congo and Union Gabonaise de Banque.

By 2010, the bank's expansion continued with the acquisition of a 80 percent stake in BNP Paribas Mauritanie and a 51 percent stake in Société Commerciale de Banque Cameroun (SCB Cameroun). It also established operations in Burkina Faso in 2011 and Niger in 2013.

In 2013, the bank acquired a 55 percent stake in Banque Internationale pour l'Afrique au Togo (BIA Togo) and in 2017, it acquired 100 percent of the former Barclays subsidiary in Egypt. By 2018, the bank had operations in 15 African countries with a network of over 4,300 branches.

As of late 2013, Al Mada held a significant stake in Attijariwafa Bank, owning 47.77% of the bank. This makes Al Mada the largest shareholder of the bank.

The Moroccan cooperative insurers MCMA-MAMDA owned 8.09% of the bank, while the Government-owned Caisse de dépôt et de gestion held a smaller stake of 4.26% via RCAR and 2.31% directly.

Other notable shareholders include Santander Group, which held 5.27% of the bank via Santusa Holding, and various Moroccan institutional investors, such as CIMR, CMR, Axa Maroc, and RMA-Watanya.

By end-2023, the group's ownership structure had remained substantially stable, with Al Mada's share slightly lower at 46.5 percent.

Here's a breakdown of the main shareholders of Attijariwafa Bank as of late 2013:

Attijariwafa bank is a leading banking group in Africa and Europe.

Thanks to its various acquisitions and continuous development of its activities in banking and finance, the bank has established a strong presence in the region.

The bank's network of branches spans 25 countries, a testament to its international scope.

Attijariwafa bank offers a comprehensive range of services, including loans, leasing, and insurance, making it a one-stop-shop for its clients.

Its diverse expertise enables the bank to support its clients at every moment of their lives, wherever they are.

Mohamed El Kettani has been the bank's chairman and CEO since 2007, providing steady leadership and vision.

Abdelaziz Alami served as the bank's honorary chair from 2013 onwards.

The bank's strong global presence ensures accessibility and convenience for its clients, making it a leading financial institution in Morocco and beyond.