Tous les articles correspondant à #Bank Al-Maghrib

Morocco’s non-performing bank loans reached a new high at the end of May 2026, totaling MAD 105.97 billion, up 4.9% year-on-year, according to Bank Al-Maghrib. While the banking sector’s overall default rate improved slightly, payment defaults remained elevated across several industries, particularly trade, manufacturing, and construction.

Bank Al-Maghrib has inaugurated the Currency Museum in the heart of Fez’s historic medina, opening a new cultural venue dedicated to preserving and showcasing Morocco’s monetary history through rare coins, banknotes and interactive displays spanning antiquity to the present day.

Morocco’s central bank, Bank Al-Maghrib (BAM), has issued a 250-dirham commemorative silver coin to mark the 27th anniversary of King Mohammed VI’s accession to the throne, the institution announced on Wednesday.

Household financial assets rose to MAD 1.192 trillion in 2025, while household debt posted its fastest increase in more than a decade, driven by stronger demand for housing and consumer loans, according to the latest Financial Stability Report.

Morocco’s automotive industry is facing mounting pressure from tighter environmental regulations, rising Chinese competition, and growing protectionism, according to Bank Al-Maghrib’s 2025 annual report. While the kingdom has become Africa’s leading automotive exporter, the central bank says it must accelerate its transition to electrified vehicles to remain competitive.

The amount of cash in circulation in Morocco climbed by 18.5% to a record 491 billion dirhams in 2025, equivalent to 28.5% of gross domestic product (GDP), according to Bank Al-Maghrib’s annual report on the country’s economic, monetary and financial situation.

Morocco’s banking sector delivered a robust performance in 2025. According to Bank Al-Maghrib’s annual banking supervision report, banks’ net profits rose by 22.2%, supported by stronger lending activity and a sharp decline in the cost of risk. The banking penetration rate also climbed to 62% of the adult population. The central bank nevertheless urged lenders to exercise caution when distributing dividends.

Bank Al-Maghrib’s gold holdings remained virtually unchanged at about 22 tonnes in 2025, but their market value climbed to MAD28 billion as global bullion prices soared.

Bank Al-Maghrib (BAM) announced a series of regulatory and operational measures to strengthen protection against phishing and online financial fraud, as cybercriminals increasingly target bank customers through scams such as fake banking messages, fraudulent phone calls and identity theft.