Morocco’s Bank Network Counts 5,808 Branches in S1-2022 (Central Bank)

Thus, the number of inhabitants per branch stood at 6,283 in the first six months of 2022, against 6,176 at the end of 2021, Bank Al-Maghrib (BAM) said in its recent scoreboard of the banking system.

As for the structure of the banking system, BAM reports the existence of a total of 89 credit institutions and similar, including 24 banks, 28 finance companies, 6 offshore banks, 11 micro credit associations and 18 payment institutions.

As for the concentration of banks according to the status of the shareholding, the data of Bank Al-Maghrib reveal a preeminence of banks with a majority Moroccan private capital. They hold 53.4% of the branches, 63.2% of the assets, 64.4% of the deposits and 60.6% of the loans.