almada-banques-assurances

Banking & Insurance

With 100% African capital, Al Mada contributes to the financing of the economy and of structuring projects for African growth.

Attijariwafa bank is the leading banking and financial group in North Africa and the WAEMU, and a key player in the CEMAC region. With 20,000 employees, it manages a portfolio of 12 million customers through a network of more than 7,000 branches.

In addition to its banking business, the Group operates, through specialised subsidiaries, in financial services: mortgages, consumer credit, leasing, asset management, stock market interPublication, private banking, advisory services, long-term leasing, factoring, etc.

Based in Morocco, it operates in 27 countries through banking subsidiaries in Africa and Europe, as well as through finance companies and representative offices. Driven by its main shareholder, Al Mada, the Attijariwafa bank group is committed to active South-South cooperation to promote progress in the countries in which it invests.

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in financing
 

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VSEs and entrepreneurs supported

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Wafacash customers (banking services for low-income earners)

Wafa Assurance is the national leader in the Moroccan insurance sector.

This position is based on a strong commitment to innovation and customer satisfaction, underpinned by the values of attentiveness, proximity and expertise.

Wafa Assurance offers a wide range of insurance and assistance products in health, motor, savings and life insurance. These solutions are designed and adapted for all customer segments: individuals, businesses and professionals.

The Group has expanded its operations, particularly in Tunisia, Senegal, Côte d'Ivoire, Cameroon and Egypt. It currently has 11 insurance companies in 6 African countries and a reinsurance branch.

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General agents and representative offices throughout Morocco

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Market leader in insurance in Morocco since 2008

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Market share in Morocco 2023

A Moroccan pioneer in the field of insurance and reinsurance consultancy and brokerage in Morocco, AGMA supports all sectors of activity and is constantly developing its expertise in all branches of insurance in order to advise and respond optimally to the expectations of its customers, who are mainly large companies, public institutions and SMEs/SMIs. As a member of Al Mada, AGMA is the broker of choice for a number of leading Moroccan companies in various industries for the design and implementation of tailor-made insurance programs to better quantify and manage risks. AGMA's value chain includes upstream consulting, the placement and management of insurance programs, claims handling in coordination with the various partners, and support for customers as part of the preventive approach to better risk management. AGMA believes that the quality certification process makes a definite contribution to the continuous improvement of its services and customer satisfaction. As a result, the firm has been ISO 9001 certified since 2008, with dual UKAS and French COFRAC accreditation. In 2017, the Quality Management System processes were upgraded to the 2015 version of the standard. Based on its strong culture, around the commitment of all employees, performance and a sense of ethics, AGMA ensures the satisfaction of its customers by providing a professional, efficient and continuous service over time. It also assists Al Mada's subsidiaries with their African operations. 
 

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Creation date

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of dirhams of guaranteed capital
 

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Corporate customers including large companies and SMEs