MOROCCO – Attijariwafa bank (AWB) has signed a partnership agreement with the National Bank of Canada (NBC) to facilitate banking services for Moroccans residing in Canada, including students.

The communications and marketing director of the Attijariwafa Bank group, Younes Kettani, signed the cooperation agreement with the first vice-president of the Canadian Bank, Jean-François Hanczakowski, in the presence of the head of Attijariwafa bank Canada, Mohamed Hamdouni.

AWB CEO said in a statement that the cooperation agreement “will allow, the bank, to offer quality service and banking support to the customers and to facilitate the various steps to be taken by new Moroccan migrants before their arrival and after their settlement in Canada.”

He further noted that the new cooperation between the banks will benefit Moroccan and Canadian companies carrying out business transaction in Canada, Morocco and even in other parts of Africa.

In a statement to Maghreb Arab Press (MAP), Hanczakowski said that “this partnership will allow the National Bank of Canada to offer its customers a privileged link with a Moroccan bank and will allow Attijariwafa bank customers wishing to settle in Canada to benefit from a package for settlement in good conditions.”

Meanwhile, the first vice-president of corporate and insurance management for the Canadian group, Stephane Achard, encouraged Canadian companies to collaborate with Morocco.

“In the current context, many companies are called upon to turn to Morocco in search of partnership, expertise, and qualified skills,” Achard stated.

He concluded that the partnership will not only help these companies in their quest but also welcome Moroccan customers wishing to do business in the North American country.

Founded and based Rabat, Morocco, Attijariwafa Bank is a Moroccan multinational commercial bank and financial services company.

Attijariwafa was established after a merger between Banque Commerciale du Maroc and Wafabank and is the largest Bank in Morocco and the 4th largest in Africa.

The bank which is part of king Mohammed VI’s holding company the SNI, maintains offices in Paris, Brussels, Madrid, Barcelona, Milan, Shanghai, The Netherlands, Tunisia, Senegal, Ghana, Mauritania and Mali.