World Bank Group2015-02-252015-02-252014-12https://hdl.handle.net/10986/21503Approximately 41 percent of Moroccan adults use a formal financial product or service. This places Morocco well above the average level of financial inclusion in the Middle East and North Africa, as well as above the average level in lower middle income countries (18 percent and 28 percent, respectively). Bank accounts are the most commonly used financial product, with 28 percent of adults reporting having a deposit or checking account. Microfinance institutions (MFIs) currently reach about five percent of the adult population, a finding consistent with supply-side data. Insurance is used by around 24 percent of the adult population in Morocco which is mainly due to mandatory insurance classes. Allowing, and advocating for branchless banking offers the potential to further expand the coverage of financial services and to reach the poor, rural dwellers, and women. Moreover, initiatives to bring women into the financial sector need to reveal and take into account, the substantial differences which can exist between men and women in their access, needs, and preferences of financial services.en-USCC BY 3.0 IGOACCESS TO CREDITACCESS TO FINANCIAL SERVICESACCOUNT OWNERSHIPACCOUNT USAGEACCOUNTINGAGRICULTURAL SECTORSAMOUNT OF MONEYANNUAL PERCENTAGE RATEAWARENESS CAMPAIGNSBANK ACCOUNTBANK ACCOUNTSBANK BRANCHBANK BRANCHESBANK CREDITBANK LOANBANK PRODUCTBANK PRODUCTSBANK SERVICESBANKING PRODUCTBANKING PRODUCTSBANKING RELATIONSHIPBANKING SERVICESBANKSBASIC FINANCIAL SERVICESBEHAVIORAL ECONOMICSBENEFICIARIESBEST PRACTICESBIASESBONDSBORROWINGBUDGET MANAGEMENTBUDGETINGCALCULATIONSCAR INSURANCECASH TRANSFERCASH TRANSFERSCCCHECKING ACCOUNTCHECKING ACCOUNTSCOMMERCIAL BANKCOMMERCIAL BANKSCOMPOUND INTERESTCONSUMERCONSUMER COMPLAINTSCONSUMER CREDITCONSUMER LOANSCONSUMER PROTECTIONCONSUMER UNDERSTANDINGCONSUMERSCONTRIBUTIONSCONVENTIONAL BANKSCREDIT BUREAUCREDIT CARDCREDIT CARD COMPANIESCREDIT CARD COMPANYCREDIT CARDSCREDIT INFORMATIONCREDIT PRODUCTCREDIT PRODUCTSCREDIT RISKCROP INSURANCECURRICULACURRICULUMDAY-TO-DAY MONEY MANAGEMENTDEBIT CARDSDEBTDEMOGRAPHIC CHARACTERISTICSDEMOGRAPHIC FACTORSDEMOGRAPHIC GROUPSDEPOSITDEPOSIT ACCOUNTDEPOSIT INSURANCEDISCLOSURE REQUIREMENTSDIVERSIFICATIONDOMESTIC CREDITECONOMIC GROWTHEDUCATION LEVELSEDUCATION TRUSTEDUCATIONAL ATTAINMENTEDUCATIONAL MATERIALSFAMILIESFAMILY MEMBERFAMILY MEMBERSFINANCE COMPANIESFINANCESFINANCIAL ACCESSFINANCIAL BEHAVIORFINANCIAL BEHAVIORSFINANCIAL CONCEPTSFINANCIAL CONSUMERFINANCIAL CRISESFINANCIAL CRISISFINANCIAL ECONOMISTFINANCIAL EDUCATIONFINANCIAL EDUCATION ACTIVITIESFINANCIAL EDUCATION EFFORTSFINANCIAL EDUCATION INITIATIVESFINANCIAL EDUCATION PROGRAMSFINANCIAL EXCLUSIONFINANCIAL GOALSFINANCIAL HABITSFINANCIAL INDUSTRYFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INTERESTFINANCIAL KNOWLEDGEFINANCIAL LITERACYFINANCIAL LITERACY QUIZFINANCIAL MARKETSFINANCIAL PRODUCTFINANCIAL PRODUCTSFINANCIAL PROVIDERSFINANCIAL SECTORFINANCIAL SERVICEFINANCIAL SERVICE PROVIDERFINANCIAL SERVICE PROVIDERSFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMFORMAL FINANCIAL INSTITUTIONFORMAL FINANCIAL INSTITUTIONSFORMAL FINANCIAL SERVICESFORMAL LOANGENDERGENDER GAPHOUSEHOLD FINANCESHOUSEHOLD INCOMEHOUSEHOLDSHOUSING FINANCEINCOMEINCOME GROUPINCOME GROUPSINCOME LEVELSINCOME SOURCEINDEBTEDNESSINEQUALITYINFLATIONINFORMAL CREDITINFORMAL LENDERSINFORMAL SAVINGSINFORMATION SHARINGINSTALLMENTSINSURANCEINSURANCE COMPANIESINSURANCE POLICYINTEREST PAYMENTINTEREST RATEINTEREST RATESINTERNATIONAL BANKINVESTMENT OPPORTUNITIESKEY BENEFITSKEY CHALLENGESKNOWLEDGE GAPSKNOWLEDGE LEVELSLABOR FORCELACK OF KNOWLEDGELARGE BANKSLENDERLENDERSLEVEL OF EDUCATIONLIABILITYLIFE INSURANCELOANLOCAL NEWSPAPERSLONG-TERM SAVINGSLOW INCOMELOW INCOMESLOW-INCOMELOW-INCOME BORROWERSMARKET PARTICIPANTSMARKETINGMASS MEDIAMATHMEDIA CAMPAIGNSMFIMFISMICROCREDITMICROFINANCEMICROFINANCE INSTITUTIONSMINIMUM BALANCEMONEY MANAGEMENTMONEY TRANSFERMONEYLENDERSMORTGAGEMORTGAGE LENDINGMORTGAGE PRODUCTMORTGAGESMULTIPLE LOANSOUTSTANDING LOANOVERDRAFTPAYMENT SERVICESPENETRATION RATEPENSIONPENSION PRODUCTPENSION PRODUCTSPERSONAL FINANCEPOOR CLIENTSPOSTAL BANKPRIVATE PENSIONPROBABILITIESPROBABILITYPUBLIC AWARENESSPURCHASESQUESTIONNAIREREGRESSION ANALYSISRETAIL PRICESALESSAVINGSSAVINGS ACCOUNTSAVINGS ACCOUNTSSAVINGS GOALSSAVINGS PRODUCTSSELF-EMPLOYMENTSENIORSOUND FINANCIAL DECISIONSSTAKEHOLDERSSTOCKSTRANSACTIONTYPES OF CONSUMERSUNEXPECTED EXPENSESUNIONURBAN AREASVALUABLEVULNERABLE GROUPSWITHDRAWALWOMAN10.1596/21503