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BBVA has received approval from Morocco’s Bank Al-Maghrib for acquiring Banco Sabadell’s operations in the country. The bank aims to enhance support for Spanish businesses in Morocco, offering a variety …
BBVA Receives Approval for Banco Sabadell Acquisition in Morocco Read More
Bank Al-Maghrib projects a modest increase in Morocco’s grain harvest to 35 million quintals, below government expectations of 70 million. The agricultural sector’s added value could rise by 2.5% due …
BAM Anticipates Modest Grain Harvest Increase Amid Water Challenges Read More
The IMF concluded its 2025 Article IV Consultation with Morocco, approving a SDR 375 million disbursement under the RSF. The Moroccan economy is projected to show resilience with GDP growth …
IMF Concludes 2025 Article IV Consultation and RSF Review for Morocco Read More
In 2024, Morocco’s inflation slowed significantly to an average of 0.9%. It is projected to rise to moderate levels of around 2% over the next two years. Core inflation was …
Bank Al-Maghrib Reports Significant Inflation Slowdown in Morocco for 2024 Read More
Morocco’s central bank has reduced the benchmark interest rate to 2.25% for the second time, aiming to manage inflation and support economic activity. The move coincides with projections of inflation …
Morocco Cuts Interest Rate Again to Tackle Inflation Efforts Read More
The Moroccan dirham appreciated by 1.1% against the U.S. dollar, while depreciating by 0.8% against the euro from February 27 to March 5. Official reserves stood at MAD 367.9 billion, …
Moroccan Dirham Sees Mixed Trends Amid Market Fluctuations Read More
The Office of the Head of Government warns of a fraudulent account impersonating Prime Minister Aziz Akhannouch on X, promoting a fictitious cryptocurrency. This alert follows similar activity reported by …
Fraudulent Account Impersonates Morocco’s Prime Minister in Crypto Scam Read More
Bank Al Maghrib has alerted the public to fraudulent media promoting a fake investment platform misusing its identity. The bank emphasizes that the claims are false and reaffirms its commitment …
Bank Al Maghrib Alerts Public About Fraudulent Investment Platform Read More
Bank Al-Maghrib, Morocco’s central bank, has denied false information spreading online regarding a fictitious investment platform misrepresenting its identity. The bank calls for public vigilance against such misinformation and indicates …
Bank Al-Maghrib Denounces Misinformation Exploiting Its Identity Read More