Fitch: Attijariwafa Bank’s Ghana Acquisition Will Not Affect Its Credit Ratings

Fitch agency has affirmed that Attijariwafa Bank acquisition of a 55.2% stake in Société Générale’s Ghanaian subsidiary will not affect its BB+ rating assigned to the Moroccan Bank with stable outlook. The acquisition is likely to be ratings neutral for the Moroccan bank, Fitch says. Société Général