Attijariwafa Bank Group signed a memorandum of understanding (MoU) with the Egyptian Exporters Association (Expolink) to increase Egypt’s exports to African countries.
Under the terms of the agreement, Attijariwafa Bank Group, through its branches and subsidiaries in Egypt and other countries, will provide banking products and services to meet the needs of companies and the demands of Egyptian investors included in Expolink.
The group will also collaborate with Expolink in providing analytical market reports to support Egyptian companies and investors nominated by Expolink, as well as providing opportunities to participate in the eighth Africa Development Forum in October 2018 in Morocco to the members of the association, in order to benefit from the value-added services of the forum.
Moreover, under the agreement, Attijariwafa Bank will also work closely with Expolink to establish joint ventures between Moroccan and Egyptian investors and explore joint investment opportunities in the countries where the group’s branches are located, through a joint organisation of business missions benefiting its clients in Morocco and in Egypt.
Attijariwafa Bank Group is the first banking and financial group in Morocco and the West African Economic and Monetary Union (UEMOA). It is also a major player in the Central African Economic and Monetary Community.
The group is headquartered in Morocco, with branches located in 25 other countries, including Egypt, Tunisia, Mauritania, Senegal, Burkina Faso, Mali, Ivory Coast, Congo, Gabon, Cameroon, Togo, Benin, Niger, France, Belgium, Germany, Italy, Spain, and England.
The group also operates through financial companies or representative offices in London, Geneva, Montreal, Abu Dhabi, Dubai, Tripoli, and Riyadh.