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Keywords: Bank Al Maghrib
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,......
Bank Al-Maghrib (BAM) has opted to keep its key interest rate at 2.25%, citing Morocco’s subdued inflation and firm economic growth as reasons for maintaining monetary stability. The decision was announced during the central bank’s final quarterly board meeting of 2025, held in Rabat. Low......
Bank Al-Maghrib (BAM) has projected Morocco’s economic growth to hit 5% in 2025, driven by robust non-agricultural activity and a recovery in agriculture. The central bank presented this outlook during its final quarterly board meeting in Rabat. Growth is expected to remain solid in the medium......
Bank Al-Maghrib (BAM) has announced a significant reduction in the rate of counterfeit banknotes in circulation for 2024, marking a major achievement in Morocco’s ongoing efforts to combat counterfeiting. The rate dropped to 1.5 counterfeit notes per million banknotes, a considerable improvement......
The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......
Morocco is steadily affirming its position as one of the region’s premier travel destinations, with tourism revenues reaching MAD 100 billion in the first nine months of 2025. The country welcomed 15 million visitors during this period, signaling robust growth in the sector. Data from the Foreign......