The growth of bank credit to the non-financial sector stabilized year-on-year, at 3.3% during the month of February 2022, indicates Bank Al-Maghrib (BAM) in its key indicators of monetary statistics for the month of February 2022. This trend covers an acceleration from 3.6% to 3.8% in February of loans to private companies, an attenuation of the decline in loans to public non-financial companies from 8.4% to 5.4% and a slowdown the increase in loans to households from 4.5% to 3.7%, specifies the central bank.
By economic purpose, the breakdown of loans allocated to the non-financial sector shows an increase in cash facilities by 7.6% following 7.1% and real estate loans by 2.7% following 3.2%. As for consumer loans, their growth stagnated at 2.5%, while that of equipment loans fell by 3.3%.
E.M.G.
