Morocco: Financial System Stability Assessment
IMF Staff Country Reports, February 8, 2016
Source details
- Canonical URL
- Morocco: Financial System Stability Assessment
Other formats
Bibliographic details
- Published: February 8, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475514216.002
Assessment scope and purpose
- This paper assesses financial sector vulnerabilities, the policy oversight framework, bank resolution, and financial safety nets.
- The assessment is intended to help Moroccan government identify key sources of systemic risk in the financial sector and implement policies to enhance its resilience to shocks and contagion.
Evolution and structural developments since 2007
- Since the 2007 Financial Sector Assessment Program update, Morocco's financial system has grown in size and complexity.
- Increased links between the banking and insurance sectors.
- Significant expansion into sub-Saharan Africa.
Banking sector condition and vulnerabilities
- Banks are adequately capitalized and profitable, with stable funding.
- Key vulnerabilities:
- Exposure to large corporate defaults.
- Risk of deposit withdrawals.
- The new banking law has helped in strengthening the banking sector.
Analytical focus areas
- Financial sector vulnerabilities
- Policy oversight framework
- Bank resolution and bank resolution framework
- Financial safety nets
- Stress testing and solvency ratio analysis
- Asset quality, loans, and credit risk
Selected publication metadata and identifiers
- Pages: 47
- Volume: 2016
- Issue: 037
- Series: Country Report No. 2016/037
- DOI: https://doi.org/10.5089/9781475514216.002
- Stock No: 1MAREA2016003
- ISBN: 9781475514216
- ISSN: 1934-7685
- Publication date: February 8, 2016
Morocco: Financial System Stability Assessment, IMF Staff Country Reports 2016, 037, February 8, 2016.