Attijariwafa is Morocco's largest mortgage lender. A 12-month statement is the foundation of the underwriting file. Convert to Excel and walk in knowing what the underwriter will see.
Convert your Attijariwafa statementAttijariwafa Bank is Morocco's largest retail bank by every standard metric and the dominant residential mortgage lender. The Moroccan mortgage market has a deep relationship between commercial banks and the Caisse de Dépôt et de Gestion (CDG) for subsidised social housing schemes. Whether you are applying for a market-rate mortgage or under a Miftah-style subsidised scheme, your Attijariwafa statement is the primary income evidence in the file.
Mortgage underwriting in Morocco follows Bank Al-Maghrib rules. The 40% debt-service ratio cap applies — total monthly instalments including the new mortgage cannot exceed 40% of net monthly income. The underwriter wants three things: a stable income stream, manageable existing obligations, and a documented down payment that has been in the account long enough not to look borrowed. A 12-month statement supplies all three.
Attijariwafa issues a bilingual Arabic-French PDF. Columns: Date, Libellé, Débit (MAD), Crédit (MAD), Solde (MAD). RIB and Agence in the header. The account summary shows opening and closing balances and the period movements. MAD two-decimal precision.
'Salaire' credits over 12 months prove income. If the salary is domiciled at Attijariwafa, the underwriter has full visibility on the cadence and amount. Existing 'Remboursement' debits (housing loan, car loan, personal loan) prove or rule out other obligations. Large credits that funded the down payment — savings transfers, asset sale proceeds, family gifts, or remittances from a diaspora employer — need to be traceable back and documented.
Mortgage underwriting in Morocco pulls a specific set of signals from the Attijariwafa statement. Income, debts, balance trend, and the source of the down payment.
Bilingual Arabic-French PDF (not English). Primary columns in French: Date, Libellé (description), Débit (MAD), Crédit (MAD), Solde (MAD). Account header uses French terms: RIB (Relevé d'Identité Bancaire), Type de Compte, Agence, Période. Transaction narrations mix French labels with Arabic text where customer has set Arabic-language preference. MAD two-decimal formatting. International transactions reference correspondent bank codes. Sub-Saharan African branch transactions may appear with country prefix codes.
| Label | Meaning |
|---|---|
| Virement | Bank transfer (French: wire/transfer) |
| Retrait GAB | ATM cash withdrawal (GAB = Guichet Automatique Bancaire) |
| Paiement TPE | POS card payment (TPE = Terminal de Paiement Électronique) |
| Salaire | Salary credit |
| Remboursement | Loan repayment instalment |
Rules in Morocco differ — see our country guide
Request 12 months from Attijari Mobile
Open Attijari Mobile or Attijari NET and request a statement covering the last 12 months. Some lenders accept a stamped printed version from the branch. The bilingual French-Arabic PDF is the standard format.
Upload and verify the down payment row
Drop the PDF into Kashfbank. The Excel export tags rows by category and preserves the bilingual narration. Find the row where the down payment funds arrived. Document the source — savings transfer, asset sale, gift letter, or accumulated remittances.
Calculate the DSR for the new mortgage
Sum every existing monthly 'Remboursement' debit in the Excel. Add the proposed new mortgage payment. Divide by net monthly income. The total must be at or below 40% per BAM rules. If you are at 25% before the new mortgage and the new instalment brings you to 39%, you are inside the cap.
Prepare the social housing documentation if you qualify
If you are applying for a Miftah (formerly Fogarim) or other CDG-linked subsidised mortgage, the bank statement is the foundation but the scheme requires additional documents — income certification, property valuation, employer letter. Talk to the Attijariwafa mortgage desk about the specific scheme. The statement evidence is the same; only the additional paperwork differs.
Common challenges
How does Attijariwafa verify the down payment did not come from a loan?
The underwriter looks at the 12-month statement for the large credit that funded the down payment. If the credit matches a documented source (maturing savings, asset sale receipt with notary deed, gift letter from a family member, accumulated remittances over several months), it is accepted. If a large credit appeared close to the application with no clear source, the underwriter will ask questions. The Excel makes the date and amount easy to point to.
I am a Moroccan diaspora customer (MRE) applying for a mortgage. Are the rules different?
MRE customers (Marocains Résidents à l'Étranger) often have access to specific mortgage products. The income evidence comes from documented foreign salary plus the Attijariwafa account credits showing the remittances. Some MRE schemes have currency conditions (loan in MAD, repayment funded by FX inbound). The 40% DSR cap still applies; the income basis is the documented foreign salary.
Does the export preserve MAD two-decimal precision?
Yes. MAD uses two decimal places like most currencies. Kashfbank preserves the precision exactly. The cumulative balance the underwriter uses to confirm the down payment is in place stays accurate.
What if my income includes irregular bonuses or commission?
Moroccan mortgage underwriters typically average variable income over 12 or 24 months for the qualifying figure. The Attijariwafa Excel shows every credit with date and amount, making the averaging clean. For heavily variable income, the underwriter may use the lower of the recent or the multi-year average.
Freelancers
Extract, categorize, and export freelance income and expenses from PDF bank statements — ready for 1099, self-assessment, or ZATCA filings.
Tax Preparation
Convert PDF bank statements to clean spreadsheets for Zakat, VAT, corporate tax, and self-assessment filings across GCC and international markets.
Loan Applications
Prepare clean, lender-ready bank statement exports that prove stable income and responsible financial behavior for personal and business loan applications.
Upload PDF, get Excel in seconds
Try it free10 free credits on signup
Statement language: Arabic / English