Attijariwafa Bank is moving forward with efforts to streamline its operations by merging its subsidiary, Borj Attijari, into the parent company. Approved on March 10, 2025, this decision aligns with the bank’s strategy to simplify its corporate structure and enhance the efficiency of its real estate division.
Since Borj Attijari is fully owned by Attijariwafa Bank, the merger will have no impact on the bank’s share capital. The primary goal of this integration is to centralize real estate asset management, improving both operational efficiency and flexibility.
The transaction is expected to be completed in 2025, pending approval from regulatory authorities. By absorbing its subsidiary, Attijariwafa Bank is reinforcing its organizational model and continuing its optimization strategy, further cementing its position as a leading player in Morocco’s banking sector.