Crowdfunding for housing, notably in the form of “real estate Murabaha”, continued to grow and stood at 24.5 billion dirhams (billion dirhams) at the end of November, after 21.4 billion dirhams a year earlier. according to Bank Al-Maghrib (BAM).
This financing thus showed an increase of 14.5% compared to November 2023, indicates BAM in its recent “Credit – Bank Deposits” dashboard.
Concerning loans granted to households, they recorded an annual increase of 0.8%, mainly linked to the increase of 1.7% in housing loans and 1.5% in those for consumption, reports the same source.
Furthermore, the BAM economic survey indicates that access to bank financing, in the third quarter (Q3) of 2024, was considered “normal” by manufacturers. In Q3-2024, the rates applied to new loans fell to 5.33%. They stood at 5.14% for large enterprises (GE) and 5.74% for very small, small and medium-sized enterprises (SMEs).
