Morocco
The Moroccan banking system is largely privatized. It is characterized by a high concentration. In 2005, the share of 3 largest banks by assets (Attijariwafa Bank, Credit Populaire of Morocco (CPM) and Moroccan Bank of External Trade (BMCE)) on a total of 16 banks is 64.1%. These banks controlled 66.8% of the deposit market and 54.1% of the credit market.
In 2006, besides the 32 financial companies and 6 offshore banks, the banking system in Morocco is composed of 16 banks (Arab Bank Plc, Attijariwafa Bank, Bank Al-Amal, Crédit Populaire du Maroc (CPM)[1][1] , Banque Marocaine du ...
