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Moroccan Money Supply Jumps 12.1% YoY to DH2.15 trillion in May 2026
Bank Al‑Maghrib reports that Morocco’s broad money aggregate (M3) reached DH2.149,5 billion at the end of May 2026, marking a 12.1 % year‑over‑year increase. The rise is driven by faster credit expansion to the non‑financial sector, higher net claims on the Central Administration, and a surge in cas...

Morocco's Money Supply Jumps 11.8% in April 2026, Driven by Faster Credit Growth
Bank Al‑Maghrib (BAM) announced that the M3 monetary aggregate hit 2.119,9 billion dirhams in April 2026 – a year‑on‑year increase of 11.8%, up from a...

Bank Al‑Maghrib Reports 10% Growth in Money Supply Through March 2026
Bank Al‑Maghrib announced that the M3 money supply hit 2.1037 billion Moroccan dirhams at the end of March 2026, up 10% year‑on‑year. Growth slowed sl...
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Morocco’s Money Supply Surges 8.3% in November 2025, Powered by Consumer Credit and Deposit Growth
Bank Al‑Maghrib reported that Morocco’s broad money aggregate (M3) expanded by 8.3 % year‑on‑year in November 2025, reaching 2 011.3 billion DH. The j...

Morocco’s Money Supply Surges 7.4% in October 2025, Boosting Credit to the Non‑Financial Sector
Bank Al‑Maghrib reports that Morocco’s broad money stock (M3) reached 1.982 trillion dirhams in October 2025, marking a 7.4% year‑over‑year increas...

Bank Al‑Maghrib Reports Slowed M3 Growth to 7.8% in September
In September 2025, Bank Al‑Maghrib (BAM) announced that the M3 money supply climbed 7.8 % year‑on‑year—down from 8.3 % in August. Credit to the non‑f...
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M3 Money Supply Slows to 7.8% Growth in September: Key Drivers Revealed
Bank Al‑Maghrib reports that the M3 monetary aggregate reached 1.996 billion dirhams in September, up 7.8% year‑over‑year—a slowdown from 8.3% in Augu...
