Attijariwafa Bank

Attijariwafa bank is Morocco's largest banking group by total assets (MAD 795.5 billion at the end of 2025). Formed in 2003 by the merger of Banque Commerciale du Maroc (founded in 1911) and Wafabank (heir to a branch opened in Tangier in 1904), the group adopted its current identity in 2004, according to the group's official history. A credit institution licensed by Bank Al-Maghrib under banking law 103-12 and listed on the Casablanca Stock Exchange (ticker ATW), it has the Al Mada holding as reference shareholder, with 46.5% of the capital. Its investor profile records, as of 31 December 2025, 12 million customers, 21,782 employees and more than 7,000 branches — the densest banking network in Africa — across 27 countries in Africa, Europe and the Middle East; the October 2025 The African Business ranking places it 3rd among African banks by Tier 1 capital and 5th by total assets.

Key 2025 figures: according to the key figures published by the bank, consolidated net banking income reached 34.9 billion dirhams (+1.2% year on year), net income group share 10.6 billion (+12.0%), customer deposits 527.2 billion (+9.7%) and customer loans 447.9 billion (+8.3%). International retail banking contributes 32.8% of net banking income and 27.3% of net income group share. The group presents itself as the leading financer of the national economy, the leading savings collector and the leading electronic payments player in Morocco.

Mortgages (Crédit Miftah): according to the official website, the Miftah loan finances the purchase or construction of a main or secondary home from MAD 70,000, up to 100% of the property's deed value — notary fees can be included in the amount requested — over terms of up to 25 years. Simulation and application are available in branch, on the Attijari Mobile app or through the Attijarinet online bank. The wholly-owned subsidiary Wafa Immobilier (created in 1991, 50 branches) is the group's housing-loan and property-development specialist. The bank publishes no rate grid: as a benchmark, our 2026 barometer places fixed market rates between 3.75% and 4.80%, with Bank Al-Maghrib's key rate held at 2.25% on 23 June 2026.

Consumer credit: the Crédit Express offer can be simulated and taken out directly on Attijari Mobile, with an advertised answer in under 4 hours and no branch visit, according to the personal loans page; the student loan finances studies in Morocco with repayment deferred until after graduation. The group also operates on this market through its specialised subsidiary Wafasalaf. For standard bank consumer loans, our 10-lender comparison records rates of 5 to 8.5% depending on profile and term.

Day-to-day banking and digital: accounts, cards, savings and bancassurance are managed through Attijari Mobile and Attijarinet; the customer relations centre answers on 05 22 58 88 88, Monday to Saturday from 8 am to 8 pm. On 25 May 2026 the group launched Simple, a fully mobile neobank succeeding L'bankalik (launched in 2016, around 1 million customers at the end of 2025), with four tiers from MAD 0 to 159 per month: our 30-day review details its pricing and limits.

Moroccans of the World (MRE): the Attijari MDM portal gathers packs, convertible-dirham accounts and transfer channels to Morocco; dedicated customer relations centres operate in France, Spain, Italy, Belgium, Germany and the Netherlands, and the Attijariwafa bank Europe subsidiary (Paris, 2006) runs the European network. To finance a property in Morocco from abroad, see our MRE mortgage guide.

A multi-business group: Wafa Assurance (insurance), Wafasalaf (consumer credit), Wafacash (money transfer), Wafabail (leasing), Wafa LLD (long-term rental), Attijari Factoring and Wafa Gestion (asset management) complete the bank. The participatory subsidiary Bank Assafa, created in July 2017 (41 branches in 21 cities), features in our comparison of participatory banks.

Applying for a loan, step by step: 1) simulate your project (Wafir.ma's simulators, Attijari Mobile or in branch); 2) prepare your national ID, last three payslips or proof of income, bank statements and, for a mortgage, the preliminary sales agreement or quotes; 3) file the application in branch or online — approval in principle, then property appraisal for mortgages; 4) sign the loan offer; 5) disbursement at the notary (mortgage) or to your account (consumer loan).

Complaints and recourse: first send a written complaint to your branch or the customer relations centre — credit institutions must reply within 40 working days. Failing a solution, refer the matter free of charge to the Moroccan Banking Mediation Centre, then to Bank Al-Maghrib. A dispute over a Wafa Assurance contract falls under ACAPS. Deposits are covered up to MAD 80,000 per depositor by the fund managed by the SGFG.

Wafir.ma is an independent comparison site: neither a credit institution licensed by Bank Al-Maghrib nor an insurance intermediary licensed by ACAPS. Rates quoted are observed ranges; only Attijariwafa bank's contractual offer is binding.