Hassan El Basri, Chief Risk Officer at Banque Populaire discusses the banking penetration rate in Morocco and highlights the trends for future growth of the sector. <br /> <br />"I believe we have now reached a very important level of bankarization, at about a rate of 60%. For the national economy, this is very important because for the urban population we are now about 50% but if you have a level of bankarization like this, it means the potential of bankarization in the national country is very low. That’s why I tell you that we have now been engaged in the process of bankarization of low-income people," he says.
