The bank explained, in its latest dashboard related to “bank loans and deposits” issued by it, that this amount is distributed between non-financial agents with a value of 945.9 billion dirhams and financial agents (191.2 billion dirhams).
Bank loans directed to private non-financial enterprises recorded an annual increase of 2 percent, mainly linked to the growth of real estate recovery loans by 3.3 percent, and equipment loans by 9.4 percent. In the same context, treasury facilities increased by 1.6 percent.
With regard to loans directed to families, they recorded an annual increase of 1.1 percent, mainly reflecting a growth of 1.5 percent in housing loans and 1.1 percent in consumer loans.
Bank Al-Maghrib also indicated that participatory financing directed to housing, in the form of real estate Murabaha in particular, continued to grow to reach 23.8 billion dirhams, after 20.9 billion dirhams a year ago.
Moreover, Bank Al-Maghrib indicated that during the second quarter of 2024, the conditions for grants remained unchanged for both housing loans and consumer loans. As for demand, it witnessed an increase in the level of consumer loans and housing loans.
For its part, the interest rates applied to new loans during the third quarter of 2024 showed almost stagnation in general, at 5.92 percent, with a decline of 4.76 percent for housing loans and an increase of 7.06 percent for consumer loans.
Edited by Hafeez Al-Sadiq
On 09/11/2024 at 19:00, updated on 09/11/2024 at 19:00
