Attijariwafa Bank
Morocco's largest banking group by assets, with the deepest pan-African branch network of any Moroccan bank.
Headquarters
CasablancaFounded
2004 merger of Banque Commerciale du Maroc and Wafabank
Regulator
Bank Al-Maghrib
Parent / Group
Al Mada (formerly SNI)
Overview
Attijariwafa Bank is Morocco's largest bank by balance sheet size and the group with the broadest African footprint of any Moroccan financial institution. For an international investor, it is usually the default first call — the depth of its corporate, trade-finance and cross-border network is difficult for any competitor to match.
History
Formed in 2004 through the merger of Banque Commerciale du Maroc and Wafabank, the group has since expanded aggressively across West and Central Africa, building the largest African banking network of any Moroccan institution. It is listed on the Casablanca Stock Exchange, with Al Mada (the royal holding company, formerly SNI) as a reference shareholder.
Key Figures
Listing
Casablanca Stock Exchange
African footprint
Present in around 25 African countries
Network
One of Morocco's largest domestic branch networks
Group structure
Full-service universal banking group with dedicated investment banking, insurance and leasing subsidiaries
Services & Investor Support
Foreign Investor Support
A dedicated international and institutional client coverage team handles inbound investor onboarding, with genuine capacity to structure cross-border financing given the group's own African branch network.
International Presence
- Sub-Saharan Africa (~25 countries)
- Europe (France, Spain, Belgium, Netherlands, Germany, Italy)
- Correspondent banking network in the Gulf
Languages Supported
Industries Financed
ESG Financing
Available — Green and sustainability-linked financing lines, including renewable energy project finance, under the group's ESG strategy.
Advantages for International Investors
- The only Moroccan bank with a genuinely large owned branch network across Sub-Saharan Africa
- Deep corporate and project finance capability for large-ticket transactions
- Established correspondent relationships across Europe and the Gulf
- Dedicated coverage teams for institutional and Gulf-origin capital
Required Documents
- Valid passport (all beneficial owners and signatories)
- Proof of address (home country, less than 3 months old)
- Company incorporation documents, if opening a corporate account
- Foreign investment declaration filed with the intermediary bank (Office des Changes regime)
- Source-of-funds documentation
- Morocco tax ID (Identifiant Fiscal), once available
Document requirements vary by account type and bank — confirm the current checklist directly with the institution, or use the Banking Guide for the general process.