Keywords: Bank Al Maghrib
Morocco’s industrial sector began 2026 with uneven performance, as overall production slowed and sales declined across several branches, according to Bank Al-Maghrib’s latest monthly survey. The central bank reported that factories operated at 77 percent of capacity in January, indicating......
Morocco has begun cautious but concrete trials of a central bank digital currency, as Bank Al‑Maghrib pilots a digital dirham for peer‑to‑peer and cross‑border transactions. Governor Abdellatif Jouahri has described the initiative as a strategic, gradual shift in payment infrastructure, supported......
Against a backdrop of repeated droughts, energy shocks and the economic fallout from the war in Ukraine, Morocco has managed to keep inflation relatively low compared with many emerging economies. Periods of sharp price increases did occur, but they were followed by phases of marked disinflation. The......
The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
Morocco’s banking sector experienced a further tightening of liquidity conditions at the end of 2025, with liquidity needs rising to an average of 135.7 billion dirhams in December, according to data released by Bank Al-Maghrib. This represents an increase compared to the previous month, reflecting......
Bank Al-Maghrib (BAM), Morocco’s central bank, has announced the withdrawal of several types of banknotes from circulation, effective from January 1, 2026. The decision affects bills that no longer hold legal tender status under Moroccan law. According to a statement issued by BAM, the measure......
Industrial activity in Morocco experienced a slight slowdown in November 2025, according to the latest business survey released by Bank Al-Maghrib. The data point to a modest contraction in overall output, reflecting mixed performance across industrial sectors. The capacity utilization rate edged down......
Rabat – Bank Al-Maghrib (BAM) has announced the issuance of a 250-dirham commemorative silver coin and the circulation of a 100-dirham commemorative banknote to mark the hosting of the 35th Africa Cup of Nations, Morocco 2025 (CAN 2025). The commemorative coin features,......
Rabat – Bank Al-Maghrib (BAM) is intensifying its efforts to accelerate the transition toward digital payments, as part of a broader strategy to reduce Morocco’s reliance on cash and modernize the national financial ecosystem. According to the central bank’s latest assessments,......
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