2024-01-06 13:30:56
Deposits with banks stood at 1,141.9 billion dirhams (billion dirhams) at the end of November 2023, showing an annual increase of 3.9%, according to Bank Al-Maghrib (BAM).
Household deposits reached 850 billion dirhams, an annual increase of 4.8%, with 203.3 billion dirhams held by MREs, while the deposits of private companies, for their part, increased by 5.8% to 192. 5 billion dirhams at the end of November, specifies BAM which has just published its “credits – bank deposits” dashboard for the month of November.
The rate of return on 12-month term deposits recorded, from one month to the next, a drop of 23 basis points to 2.65% and that of 6-month deposits marked a decline of 7 points. basis to settle at 2.37%.
Furthermore, the minimum rate of interest on savings accounts was set at 2.98% for the second half of 2023, an increase of 147 basis points compared to the previous half-year.
With MAP
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