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Moroccan Bank Deposits Jump 8.6% YoY to DH1.35 trillion by End‑January 2026

Bank Al‑Maghrib’s latest “Credits‑Deposits” dashboard shows that total deposits with Moroccan banks reached DH1,348.7 billion at the close of January 2026 – an 8.6 % increase over the same period last year. Household savings grew 7.2 % to DH983.9 billion, while private non‑financial corporations posted a 12.8 % surge to DH253.1 billion. The central bank also reported a dip in the 6‑month term‑deposit rate to 2.19 % and a modest rise in the 12‑month rate to 2.76 %, with the minimum savings‑account rate set at 1.61 % for the first half of 2026.

March 3rd, 2026
2 min read
By boursenews.ma

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Key Deposit Figures for January 2026

  • Total bank deposits: DH1,348.7 billion (up 8.6% YoY)
  • Household deposits: DH983.9 billion (up 7.2% YoY)
    • Includes DH223.9 billion held by Moroccans living abroad (MRE)
  • Private non‑financial corporate deposits: DH253.1 billion (up 12.8% YoY)

Interest‑Rate Moves

The central bank reports that the 6‑month term‑deposit rate fell by 34 basis points month‑on‑month to 2.19%. Conversely, the 12‑month term‑deposit rate rose by 12 basis points to 2.76% at the end of January.

The minimum rate for savings accounts has been set at 1.61% for the first half of 2026, representing a 30‑basis‑point decline from the previous semester.

Related Articles You Might Find Interesting

  • Feb 18 2026 – Bank Al‑Maghrib strengthens its archiving system through a partnership with Archives du Maroc.
  • Feb 16 2026 – BCP launches the 3rd edition of the "Regional Investment Tour" in Rabat.
  • Feb 14 2026 – The Moroccan dirham appreciates 0.5% against the US dollar (Feb 5‑11).
  • Feb 13 2026 – Liquidity deficit widens to DH143.3 billion (Feb 5‑12).

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