## Morocco: Financial System Stability Assessment

_IMF Staff Country Reports, February 8, 2016_

## Source details

**Canonical URL:** [Morocco: Financial System Stability Assessment](https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-financial-system-stability-assessment-43676)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/morocco-financial-system-stability-assessment-43676/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/morocco-financial-system-stability-assessment-43676/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/morocco-financial-system-stability-assessment-43676/bundle-manifest.json)

## Bibliographic details
- Published: February 8, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475514216.002

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### 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.*

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## Content in this bundle

- [Cr1637 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr1637.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-financial-system-stability-assessment-43676_