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How did Commercial Wafa Bank become a Moroccan and African financial giant with profits exceeding one billion dollars?

How did Commercial Wafa Bank become a Moroccan and African financial giant with profits exceeding one billion dollars?

In 2025, Attijariwafa Bank secured a leading position as the largest banking group in Morocco and one of the biggest financial institutions in Africa, achieving record profits exceeding one billion dollars and assets worth approximately 85 billion dollars. Its net profits increased to about 1.33 billion dollars, representing an annual growth of 16.2%, along with a 5.6% rise in banking revenue over the year. The bank heavily relies on collecting deposits and reinvesting them into loans, with a 13% reduction in risk costs in 2025, which contributed to its profit growth. Its extensive network spans Morocco, Africa, and Europe, and is characterized by a diverse income stream from interest, commissions, and insurance profits, earning it the nickname "the financial beast" in the region.

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