2023-12-29 22:20:05
December 29, 2023December 29, 202333
Rabat– Bank credit to the non-financial sector recorded an increase of 2.8% in November, compared to 2.7% a month earlier, according to Bank Al-Maghrib (BAM).
The evolution of loans to the non-financial sector reflects an attenuation of the decline in loans to private non-financial companies from 1% to 0.1% and a deceleration in the progression of loans to both public non-financial companies (from 37.6% to 30.9%) than to households (from 2% to 1.8%), specifies BAM in its bulletin on monetary statistics for the month of November 2023.
By economic object, the evolution of bank assistance to the non-financial sector covers the attenuation of the drop in cash flow facilities to 2% following 4.2% and the deceleration of the growth of equipment loans to 4.1% following 5.1%.
It also reflects the drop in consumer loans of 0.2% following an increase of 0.1% and the virtual stagnation of the increase in real estate loans at around 1.3%.
Regarding non-performing debts (CES), their annual growth rate fell from 6.4% in October to 5.4% in November 2023 and their credit ratio remained stable at 8.8%.
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