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Morocco regions

Casablanca-Settat region

Casablanca-Settat is Morocco's leading economic region, concentrating 32% of national GDP. Economic capital Casablanca hosts the headquarters of all major banks and insurance companies, as well as the Casablanca Stock Exchange.

Key figures

Capital

Casablanca

Population

7.1M

Regional GDP

430 Md MAD

National GDP share

32%

Economic sectors

Industry (automotive, food)Financial servicesPort logisticsReal estate

Credit market

Kingdom's most competitive market. All banks present with exceptional branch density. Mortgage and consumer credit rates often the lowest in Morocco due to intense competition. Private sector executives benefit from preferential agreements.

Insurance market

60% concentration of national insurance market. All insurers (Wafa Assurance, RMA, AXA, AtlantaSanad, Allianz, Zurich, MAMDA-MCMA) have headquarters or strong presence. Very broad product offering including negotiated corporate mutuals.

Local specifics

Casablanca-Settat residents get first access to all financial innovations (mobile banking, contactless payment, online credits). Tangier free zone doesn't compete with Casablanca on personal financial services.

Main cities

Casablanca
Mohammedia
Settat
Berrechid

Dominant institutions

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