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May 2014 Attijariwafa Bank has focused in recent years on its international expansion. The bank, operating in 13 African countries, intends to support its growth by relying on its subsidiary, Wafa Assurance.
This is the case of Tunisia where Attijari Assurance is owned by Attijari Bank Tunisie at 55% and by Wafa Assurance at 45%.
This new local company controls in less than one year of activity, 7% of the Tunisian life market. The group's objective is to become the number one in this segment within three years.