Attijari raises 2bn dirhams and prepares for changes in prudential rules
Attijariwafa Bank is to borrow 2bn dirhams ($208m) on the private debt market in Morocco. This operation aims to replenish equity and enable the bank to anticipate changes in prudential regulations.
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▪ Attijari raises 2bn dirhams and prepares for changes in prudential rules
▪ Attijariwafa Bank is to borrow 2bn dirhams ($208m) on the private debt market in Morocco. This operation aims to replenish equity and enable the bank to anticipate changes in prudential regulations.
▪ https://www.africabusinessplus.com/en/801462/attijari-leve-2-milliards-de-dirhams-et-se-prepare-au-changement-des-regles-prudentielles/
Attijariwafa Bank is preparing to raise 2bn dirhams on the Moroccan bond market before the end of the year, taking advantage of the fall in interest rates. The subsidiary bank of Al Mada Holding will issue a first 1bn subordinated bond with a maturity of 7 years and another, at the same time and in the same amount, in perpetual bonds.
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