Morocco’s largest banks are facing unequal risks following their expansion in Africa. In an analysis issued by Moody’s, the rating agency explains how Attijariwafabank, BCP and BMCE Bank of Africa will be affected differently while establishing themselves in the African market.
Moroccan banks may face trouble with potential external shocks due to their weak asset quality and high risk appetite, according to Fitch Ratings. The credit rating agency, through a report issued on the 19th of July, suggests to reevaluate the strength of the Kingdom’s financial institutions. Details.
Moroccan banks’ expansion in Africa has been recently one of the most important drivers of the Kingdom's economy. However, the African market remains a risky option.
Threatened by terrorism and faced with populist policies, the world is living an era where political risk is reoccurring in emerging economies. The dilemma as reported by the Aon Political risk and Terrorism and political violence map affects investors, corporations and governments on an international level. However, Morocco remains a safe bet for it is ranked as a medium risk country.
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