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Attijariwafa Bank and Arab Bank sign a memorandum of understanding

Attijariwafa Bank and Arab Bank signed a memorandum of understanding to strengthen bilateral cooperation in Morocco, Jordan and the countries where the two banking groups operate.

The text was signed by Attijariwafa Bank group CEO Mohamed El Kettani and Arab Bank executive director Nemeh Sabbagh on the sidelines of the Morocco-Jordan Investment Forum held on Monday in Amman.

The cooperation between the two groups will thus cover several areas, such as commercial financing, capital markets, project financing and banking services.

On this occasion, the Executive Director of Arab Bank stressed that the memorandum intends to strengthen economic and commercial ties between Morocco and Jordan, adding that through their cooperation, the two groups will take care to build on their long experience and their respective large networks to provide financing solutions and financial services to the service of trade flows between the two sister countries.

For his part, the CEO of the Attijariwafa Bank group affirmed that the signed text is suitable for establishing partnerships in several fields in Morocco, Jordan and in the countries where the two banks operate.

“We are going to work to find business and investment opportunities in areas of common interest,” he added.

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