Structure of the banking system
By the end of 2021, the number of accredited credit institutions and similar bodies in Morocco reached 89, including:
- 19 banks
- 5 participatory banks
- 28 finance companies
- 6 offshore banks
- 11 micro-credit associations
- 18 payment institutions
- The Deposit and Management Fund (CDG)
- The Central guarantee fund (CCG)
| CHANGE IN THE NUMBER OF CREDIT INSTITUTIONS AND SIMILAR BODIES
|
|
|
|
2014
|
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
| Banks
|
19
|
19
|
19
|
19
|
19
|
19
|
19
|
19
|
|
|
Banks with largely foreign-owned capital
|
7
|
7
|
7
|
7
|
7
|
7
|
7
|
7
|
|
|
Banks with largely state-owned capital
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
| Participatory banks
|
|
|
|
5
|
5
|
5
|
5
|
5
|
| Finance companies
|
34
|
34
|
33
|
32
|
28
|
27
|
27
|
28
|
|
|
Consumer loan companies
|
16
|
16
|
15
|
14
|
12
|
12
|
12
|
12
|
|
|
Leasing companies
|
6
|
6
|
6
|
6
|
7
|
7
|
7
|
7
|
|
|
Real-estate companies
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
|
|
Surety companies
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
|
|
Factoring companies
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
|
|
Payment means management companies
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
|
|
Other companies
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
| Offshore banks
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
| Microcredit associations
|
13
|
13
|
13
|
13
|
13
|
12
|
12
|
11
|
| Funds transfer companies
|
10
|
10
|
10
|
9
|
13
|
19
|
20
|
18
|
| Other institutions
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
| Total
|
84
|
84
|
83
|
86
|
86
|
90
|
91
|
89
|
|
