Bank Al-Maghrib (BAM) Statistics on Bank Accounts for the Year 2021 Reveal That 17.5 Million People Have at Least One Bank Account.
These are legal persons -PM- (less than 4% of the total, ie 644,338) and natural persons -PP- (more than 96%), which specifies BAM.
Among natural persons, 37.4% are women, against 62.6% men, while the age group “60 years and over” ranks first (3.4 million people), followed by “31 to 35 years old” and “36 to 40 years old” (each 1.9 million), said the same source, adding that 49.4% of identified PPs have only one open account, 27.8% two accounts and 12 .4% three accounts.
In addition, people who opened an account for the first time reached 578,617 PP in 2021, of which 45% were women. By age group, 24% of these people are between 21 and 25 years old and 15% are between 19 and 20 years old.
By place of residence, 94% of people who opened an account for the first time are Moroccans residing in Morocco and 4% of Moroccans residing abroad (MRE).
