18. Attijariwafa bank

Country: Morocco
Chairman and CEO: Mohamed El Kettani
Market value: $10.6 billion

Attijariwafa bank is the largest bank in Morocco and one of the largest in Africa. As of December 2023, it had more than 12 million customers and employed 20,782 people across 27 countries. The bank’s net profit jumped by 19.9% in 2023 to hit $916.1 million. In 2023, the bank’s loan market share in Morocco increased to 26.97%, and its deposit market share reached 25.21%. In January 2024, Attijariwafa bank Europe, the European subsidiary of the Attijariwafa bank group, signed a $109.4 million risk-sharing agreement with the African Development Bank to strengthen businesses and trade across Africa. The Morocco-based Al Mada is the bank’s major shareholder, with a 46.5% stake.