The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Moroccan banks and their international subsidiaries

ATTIJARIWAFA

  • Attijaribank Tunisie (purchased in 2005 from Tunisian state, renamed)

  • CBAO (Compagnie bancaire de l’Afrique occidentale), biggest bank in Senegal: in 2007 merged with Attijaribank Senegal, itself having merged with Banque Sénégalo-Tunisienne

  • Crédit Agricole’s former subsidiaries in Cameroon, Congo-Brazzaville, Côte d’Ivoire, Gabon, Senegal (purchase agreed in 2008, Senegal unit to be merged with CBAO)

  • Banque Internationale pour le Mali (purchase in 2008)

  • Attijaribank Mauritania (joint venture with BCP, to be merged with BNP Paribas Mauritania)

BMCE

  • Bank of Africa: Benin, Burkina Faso, Côte d’Ivoire, Democratic Republic of Congo, Kenya, Madagascar, Mali, Niger, Rwanda, Senegal, Tanzania, Uganda

  • Medicapital: London investment bank aiming at francophone Africa

  • Axis Capital: investment bank in Tunisia

  • Minority stakes in Banque de Développement du Mali and La Congolaise de Banque (Congo-Brazzaville)

BCP

  • Banque Populaire Maroco-Guinéenne (Guinea)

  • Banque Populaire Maroco-Centrafricaine (Central African Republic)

  • Joint venture with Attijariwafa in Mauritania

see also:

Banks try to rebuild Morocco’s trans-Saharan empire

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree