Home » Economy » Bank Al Maghrib Bank Deposits Surge 5.3% in May 2023: Insights by BAM

Bank Al Maghrib Bank Deposits Surge 5.3% in May 2023: Insights by BAM

2023-07-16 00:59:00

Bank Al Maghrib Banks: deposits increased by 5.3% at the end of May Deposits with banks stood at 1,118.3 billion dirhams (MMDH) at the end of May 2023, recording an annual increase of 5.3%, according to Bank Al-Maghrib (BAM). Household deposits stood at 837.8 billion dirhams, up 5.9% with 202.5 billion dirhams held by Moroccans living abroad (MRE), while deposits from private companies…
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