Moroccan bank eyes growth opportunities in Mauritania

16/05/2008

Mauritanian authorities authorised Moroccan banking group Attijariwafa to open a branch in the country, local press reported on Thursday (May 15th). The announcement was made earlier this week in Dakar at a press conference on the sidelines of a merger between Attijari Bank Sénégal and Compagnie Bancaire de l'Afrique de l'Ouest (CBAO). Attijariwafa recently acquired a 79.15% stake in CBAO as part of its strategy to expand into sub-Saharan Africa.

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