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Finance

National Scale

Morocco is nowadays taking the lead of most efficient financial systems of the southern Mediterranean shore. Thanks to a strong integration in Africa geared by Casablanca Finance City, first financial centre of the continent, the Moroccan financial sector represents a pedestal of growth and development closely liaised with other sectors beyond the Kingdom’s borders.

finance-city
  • CFC: 1st financial center in Africa and 3rd in the MENA region 

  • 7 banks featured in the top 20 in Africa 

  • 2nd insurance market in Africa

Sectorial Strategy

Thanks to public authorities commitment since the 90s, the Moroccan financial sector has known a considerable change concretized by several reforms. The latest ones let to the creation of an effective governance framework, strengthening mechanisms of savings, conforming Moroccan legislation with international standards and multiplying product and service offers.

Key Figures

  • +90

    credit institutions
  • +31 million

    bank accounts opened
  • +20

    insurance and reinsurance establishments
  • 75

    publicly listed companies
  • +690 billion

    MAD of Market Capitalization
  • 200

    companies enjoying CFC status 

Assets

Casablanca-Settat Region offers a wide spectrum of assets by hosting most banking, stock exchange, and insurance activities

Casablanca Finance Centre (CFC): 1st continental financial platform hosting over 200 enterprises

bource de casablanca

Casablanca Stock Exchange, one of the most efficient of the Arab World

Highly dense banking system totalizing more than 40% of national bank stocks and 60% of outstanding loans

Third of the whole insurance-accredited brokers

Regional Value Offer

  • CFC status with a package of attractive incentives: doing business facilitation, access to a community of active members and to relevant information and data about Africa

  • Business easiness by means of an administrative one-stop-shop and alternative methods for dispute settlement

  • Broad activity panel including world-class actors

  • Modern infrastructure combining technical and environmental performance 

  • Attractive offer for SMEs, inciting them to apply for listing (Good Governance Label, tax exemption, etc.)

  • Customized close support by regional actors

Investment Opportunities

 
  • Banks

  • Insurance companies

  • Asset management and capital investment

  • Collective investment organizations

  • Financial investment consultancy

  • Crowdfunding

  • Financial technology (Fintech)

  • Sustainable (green) finance

  • Microfinance

  • alternative Finance

Incentives

Companies located in Casablanca Finance City benefit from the following advantages

  • 1

    Total exemption from corporate tax for the first 5 years and a 20% rate beyond 

  • 2

    IR rate of 20% for employees of CFC companies

  • 3

    Possibility for service companies to constitute deductible provisions for investment, within the limit of 25% of the taxable profit

  • 4

    Total exemption from registration fees regarding the constitution and capital increase acts of companies enjoying CFC status

 

 

Key Enterprises