Keywords: MAROC


African Development Bank grants donation to Bank Al-Maghrib to boost digital payments

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 liquidity needs exceed 135 billion dirhams by end of 2025

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 withdraws several banknotes from circulation

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......

Royal Air Maroc opens new air base in Tétouan to boost northern Morocco connectivity

Casablanca, January 7, 2026 – Royal Air Maroc (RAM) has inaugurated a new air base at Tétouan – Sania R’mel Airport as part of its ongoing expansion plan, strengthening the airline’s presence in northern Morocco and improving regional connectivity. The new base, established......

Royal Air Maroc cancels flights between Morocco and Paris due to weather

Royal Air Maroc (RAM) announced on Wednesday, January 7, 2026, the cancellation of several flights to and from Paris due to adverse weather conditions in the Paris region. In an official statement, the Moroccan national carrier confirmed that affected passengers will be assisted through rebooking on......

Morocco’s industrial activity records slight decline in November 2025

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......

CAN 2025: Bank Al-Maghrib issues commemorative coin and banknote

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,......

Bank Al-Maghrib steps up shift toward digital payments

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 maintains interest rate at 2.25% amid low inflation and steady growth

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......