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Keywords: Bank Al Maghrib


Resurgence in Real Estate: Why Businessmen Are Snapping Up Stalled Construction Projects

As summer approaches, real estate developers anticipate a surge in demand to help clear their property inventories. However, a notable trend has emerged where savvy investors are capitalizing on developers' misfortunes by purchasing halted construction projects at bargain prices. These investors......

Moroccan Financial Sector Anticipates Steady Course for Central Bank's Interest Rates

In a remarkable display of consensus, Morocco's financial community is exhibiting an almost unanimous expectation that Bank Al-Maghrib (BAM), the country's central bank, will maintain its current benchmark interest rate. This sentiment emerges from a recent survey conducted by Attijari Global......

Navigating Morocco's Housing Sector: Pricing Paradox Amid Transaction Downturn

In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......

Real Estate Sector Grapples with Multifaceted Challenges in Recovery Phase

In the intricate landscape of the real estate sector, a modest 0.6% increase in prices since the beginning of the year marks a positive trajectory. Yet, the industry continues to grapple with multifaceted challenges. Eroding purchasing power, escalating construction material costs, and rising interest......

BAM Amplifies Monetary Interventions Amid Market Stability

The Moroccan economy continues to display resilience and investor confidence, maintaining market stability despite global economic fluctuations. Bank Al-Maghrib (BAM), the country's central bank, has significantly increased its interventions in the monetary market, injecting MAD 127 billion ($12.7......

Unmasking Trade Protectionism: Mezzour's Call for Economic Sovereignty

In a thought-provoking address at a conference organized by Bank Al-Maghrib in Dakhla, Ryad Mezzour, Minister of Industry and Trade, delivered a scathing critique of the protectionist practices employed by certain Western nations. These countries, while championing free competition and economic integration,......

Morocco's Grain Imports from European Union Reach Remarkable Heights

In a notable turn of events, recent data unveiled by Eurostat, the esteemed European statistics office, reveals Morocco's emergence as a significant importer of grain from the European Union (EU). In 2023, the North African nation imported a staggering 5 million tons of grain from the 27 member states......

Morocco Committed to Meeting IMF Criteria for Flexible Credit Line

In a strong validation of Morocco's economic strength, the International Monetary Fund (IMF) has praised the Kingdom's adept handling of adverse conditions in 2023. Despite challenges like water scarcity, last September's earthquake, and sluggish growth in the Eurozone, Morocco saw a boost......

Climate Chaos: Threatening Morocco's Financial Stability

A groundbreaking report jointly conducted by the World Bank and Morocco's Bank Al-Maghrib has sounded a stark warning about the vulnerable state of the nation's banking sector amidst the escalating risks of climate change. This pioneering analysis for the African continent sheds light on the......