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Sep 25 2009

Morocco's Attijariwafa takes majority interest in sub-Saharan banks

Moroccan's Attijariwafa Bank on Thursday (September 24th) announced the acquisition of majority stakes in major banks in Congo and Gabon.

Under the 250 million-euro deal with France's Credit Agricole, the private Moroccan banking group will also acquire majority stakes in Societe Ivoirienne de Banque, Societe Camerounaise de Banque and Crédit du Sénégal.

© Magharebia.com 2009

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