Founded in 2004 through the merger of Banque Commerciale du Maroc and Wafabank, Attijariwafa bank is one of Africa’s largest banking groups. It operates over 7,200 branches in 27 countries through majority-owned subsidiaries, as of June 2025. Total assets stood at $82.2 billion, with net income of $1.1 billion in the first nine months of 2025. Al Mada is the bank’s largest shareholder, holding a 46.5% stake.