Morocco: The Sub-Saharan Expansion of Moroccan Banks: Challenges and Opportunities
IMF Staff Country Reports, May 8, 2015
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- Morocco: The Sub-Saharan Expansion of Moroccan Banks: Challenges and Opportunities
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Bibliographic details
- Published: May 8, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475534429.002
Summary and scope
- This Selected Issues paper presents an overview of the cross-border expansion of Moroccan banks in sub-Saharan Africa (SSA).
- It discusses policies to minimize possible negative spillovers and address the main supervisory challenges.
- It builds on the analysis and main results of a Pan-African Cross-Border Exercise—a joint initiative by the IMF’s African and Monetary and Capital Markets departments, with the collaboration of the Middle East and Central Asia department.
Key findings and analysis
- The paper highlights that Morocco could play an instrumental role by providing technical assistance to other supervisors in the region.
- The SSA region may benefit from the Moroccan experience of good practices in many areas and relatively advanced supervisory capacity.
Policy implications and supervisory challenges
- Discusses policies to minimize possible negative spillovers from cross-border banking expansion.
- Addresses the main supervisory challenges arising from Moroccan banks’ expansion into SSA.
- Emphasizes the role of technical assistance and supervisory capacity sharing.
Subjects and keywords
- Subjects: Bank legislation, Banking, Commercial banks, Credit, Cross-border banking, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Financial services, Money
- Keywords: assets equivalent, bank, Bank legislation, bank liability, Bank-Al-Maghrib, banking system, banks' liquidity, Commercial banks, CR, Credit, Cross-border banking, Financial sector stability, ISCR, Moroccan bank, parent bank's exposure, requests bank, West Africa