The Moroccan banking group Attijariwafa bank, which won the prestigious “Safest Bank in Africa” award for the 2nd year in a row as part of the 30th annual ranking of the safest banks in the world from the American magazine, Global Finance.
An international reference in the field of financial news, the magazine selected the banks on the basis of an assessment of the long-term ratings of the foreign currencies of the 500 largest banks in the world.
In a statement from Attijari, Joseph Giarraputo, editor and editorial director of Global Finance said that “the past year has demonstrated a notable resilience of the banking sector, which has stood as a bulwark against collapse during the coronavirus pandemic , providing emergency funding to clients ”.
He added that “the safest banks are models of stability and continue to provide the necessary support to governments and communities seeking to recover from the shocks of the pandemic.”
Indeed, this distinction comes on top of the “Best Investment Bank in Morocco” awards, awarded by this same magazine in 2021 to the Moroccan bank.
Global Finance is an American monthly magazine, of the “Class Editori” group, founded in 1987 and based in New York. It is distributed in more than 191 countries, published in the English language in 50,050 copies worldwide.
The magazine deals with topics relating to the finance sector on a global scale including corporate finance, joint ventures, mergers and acquisitions, capital markets, currencies, banking, risk management.