Morocco

Morocco’s banking sector is already the most highly developed in North Africa in terms of penetration indicators and among the most advanced in the wider MENA region. The industry, which is in the midst of a recovery in lending growth rates, now stands on the verge of another substantial step forward in development, thanks to the imminent...

As a historic link between Europe, the Middle East and North Africa, the kingdom of Morocco has long served as an important political juncture. The country’s 12 regions range from Mediterranean ports to the rugged Atlas Mountains and the vast Sahara. The kingdom’s political and cultural dynamics are equally diverse, shaped by Arab, Berber,...

We have thought it through carefully, and it is now so obvious: it is time to return home. At a time when the kingdom is among the most developed African nations, and when a majority of member states looks forward to our return, we have decided to join our family again – a family we had not really left. In fact, despite having been absent from...

Measured by banking penetration, financial inclusion levels have been rising swiftly in Morocco in recent years. Estimates suggest that at the start of 2017 there were 74 bank accounts in the kingdom for every 100 Moroccans, up from 71 in June 2016, 68 in December 2015 and 50 in 2010.